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Mascoma Secures Venture Capital Debt Finance

Monday, August 22, 2011 5:54:00 AM PDT | VentureDeal Staff

   Lebanon, New Hampshire  --  Alternative energy company Mascoma has raised $6.9 million in venture capital debt financing.

Mascoma is developing a range of technologies in the cellulosic ethanol renewable fuel space.

Investors in the financing were not disclosed, nor was how the company intends to use the funding proceeds.

Mascoma is still seeking an additional $43 million in financing.

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