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Calysta Lands $30 Million New Investment

Wednesday, February 3, 2016 5:01:00 AM PDT | VentureDeal



Menlo Park, California  --  Alternative energy technology company Calysta has received $30 million in its third round of venture capital financing.

Calysta is developing various platforms to "enable creation of sustainable biofuels and industrial chemicals from natural gas."

Its technologies promise to reduce our dependence on petroleum while not simultaneously increasing our need for food, land or water.

Investors in the round included Cargill Ventures, Walden-Riverwood Ventures, Aqua-Spark and Pangaea Ventures.

The company said it would use the funding to continue product development and commercial manufacturing activities.

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