VC-Backed Enerkem Gets $50 Million DOE Grant

Enerkem Technologies Inc., a Montreal-based provider of synthetic gass and other alternative fuels, has been selected by the U.S. Department of Energy to receive $50 million for the construction and operation of its waste-to-biofuels facility to be located in Pontotoc, Mississippi. Enerkem has raised VC funding from Rho Ventures, Braemar Energy Ventures and BDR Capital.

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