SunEthanol Raises $25 Million, Changes Name
SunEthanol, an Amherst, Mass.-based developer of cellulosic ethanol production technology, has raised $25 million in Series B funding. Venrock and return backer Battery Ventures co-led the round, and were joined by BP, Soros Fund Management and existing shareholders Long River Ventures and Camros Capital. Past backer VeraSun did not participate, after having recently filed for Chapter 11 bankruptcy protection.
18 November 2008•4 mins read
