Mascoma Corporation Obtains $3,400,000 New Round
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5071c813-bb6a-48ef-9e20-639d5b1ba4f2&Preview=1 - Date
4/22/2010 - Company Name
Mascoma Corporation - Mailing Address
67 Etna Road Lebanon, NH 03766 - Company Description
Recent advances in cellulosic ethanol R&D have led to the development of a new generation of enzymes, microbes and processes for economical conversion of cellulosic feedstocks into ethanol. With the combination of R&D advancements and increases in oil prices and energy market instability, the market is ready for new companies, such as Mascoma, to move cellulosic ethanol from lab and demonstrations to commercial-scale operation and long-term cost advantages in the renewable fuel market. - Website
http://www.mascoma.com - Transaction Type
Debt - Transaction Amount
$3,400,000 - Transaction Round
Undisclosed - Proceeds Purposes
Proceeds purposes were not disclosed. - M&A Terms
- Venture Investor
Undisclosed
