Blue Marble Closes Series A Funding

7/16/09

Blue Marble Energy announced today that it had reached its Series A financing goal. The Seattle-based company is developing ways of turning organic material like algae and human waste into useful chemicals and renewable fuel. Financial details of the funding were not disclosed, but in April Blue Marble reported in an SEC filing that it had raised approximately $1 million of a $2 million offer in equity.

Eric Hal Schwartz was an intern in Xconomy's Seattle office. Follow @

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