Deal Announcements

Mascoma Secures Strategic Venture Investment

Monday, May 05, 2008 6:03:00 AM PDT | VentureDeal Staff

CAMBRIDGE, MA -- Alternative energy company Mascoma Corporation has received a strategic investment from General Motors.  The amount of the investment was undisclosed.

Mascoma is developing technology that converts a range of cellulosic feedstocks into ethanol.

The company has received numerous state and federal grants for pursuing its technology and establishing a demonstration plant.  A series C round of funding for $50 million was raised in February, 2008.

Email Page  Email Page | Print Page Print Page

Free Trial

Want unlimited access to the complete database with thousands of technology companies, VCs and transactions for only $25 per month?

Start your Free 14 Day Trial now – no obligation or credit card required.

Free 14 day trial. No Obligation. Click to Register.
Venturedeal Twitter Venturedeal Facebook Venturedeal Linkedin

PCI - Level1