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Mascoma Raises More Venture Capital Debt

Friday, July 06, 2012 5:56:00 AM PDT | VentureDeal

Lebanon, New Hampshire  --  Alternative energy company Mascoma has received $5 million in new venture capital debt financing.

Mascoma is developing advanced energy technologies utilizing cellulosic ethanol.

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

Mascoma is still seeking $2.5 million in additional debt, according to the filing.

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