EdenIQ Receives $16,000,000 New Financing Round

  • Feed Type
  • Date
    1/20/2015
  • Company Name
    EdenIQ
  • Mailing Address
    2505 N. Shirk Road Visalia, CA 93291 USA
  • Company Description
    EdenIQ’s scientists are pursuing solutions that cost-effectively convert abundant, non-food biomass into fuels. Making fuels from agricultural waste such as corn stover, sugarcane bagasse, rice straw and woodchips takes the controversy out of biofuels and puts the green – and the humanity – in.
  • Website
    http://www.edeniq.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $16,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The funding will support the roll-out of Edeniq’s PATHWAY™ Platform, which increases ethanol yield at existing plants by three to six percent through a more complete conversion of starch and cellulosic corn kernel fiber into ethanol.
  • M&A Terms
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