Blume Distillation Obtains $1,000,000 Series B Financing Round

  • Feed Type
  • Date
  • Company Name
    Blume Distillation
  • Mailing Address
    Undisclosed Santa Cruz, CA 95060 USA
  • Company Description
    Blume Distillation LLC is a biofuel technology company providing next generation alcohol fuel production equipment that converts waste or surplus materials into cost-effective alcohol fuel (bio-ethanol) to power applications such as transportation, cooking, refrigeration, and electrical generation.
  • Website
  • Transaction Type
    Venture Equity
  • Transaction Amount
  • Transaction Round
    Series B
  • Proceeds Purposes
    The company intends to use the funds to accelerate IP filings and licensing as well as design, development and commercial roll-out of its biorefinery systems.
  • M&A Terms
  • Venture Investor
  • Venture Investor

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