NexSteppe Garners $16,000,000 New Financing

  • Feed Type
  • Date
    12/22/2011
  • Company Name
    NexSteppe
  • Mailing Address
    4417 Vista Del Preseas Malibu, CA 90265
  • Company Description
    NexSteppe is dedicated to pioneering the next generation of scalable, reliable, cost-effective feedstock solutions for the biofuels, biopower and biobased products industries.
  • Website
    http://www.nexsteppe.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $16,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The company will use the proceeds from the round to scale up its sweet sorghum, high biomass sorghum and switchgrass breeding programs, and to advance its first products toward commercialization.
  • M&A Terms
  • Venture Investor
    Braemar Energy Ventures
  • Venture Investor
    Zygote Ventures
  • Venture Investor
    CYM Ventures

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