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Terragia Biofuel raised $6M in a seed round led by Engine Ventures and Energy Impact Partners to commercialize its novel biology-based approach to converting cellulosic biomass into ethanol and other products.

PRIVATEMar 28, 2024

Amount Raised

$6 Million

Round Type

Seed

HanoverBiotechnology

Investors

Energy Impact PartnersEngine Ventures

Description

Terragia Biofuel announced a $6 million seed round led by Engine Ventures and Energy Impact Partners. The company will use the capital to commercialize its novel biology-based approach to converting cellulosic biomass into ethanol and other products, expand its employee headcount, and initiate partnerships with major biofuel producers.

Who else raised in Biotechnology around the same time

Companies in the same sectors as Terragia Biofuel that raised within 45 days of this round, from Fundz verified event records.

  • Gemini BioProducts raised $5.7M (Seed) on May 10, 2024.
  • BioVaxys Technology Corp. raised $52K on May 10, 2024.
  • Resolute Science raised $250K on May 10, 2024.
  • Commit Biologics raised $17M (Seed) on May 10, 2024.
  • Aurita raised $180K (Seed) on May 10, 2024.
  • Aardvark Therapeutics raised $85M (Series C) on May 9, 2024.

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Company Information

Company

Terragia Biofuel

Location

Hanover, New Hampshire, United States

About

Terragia is focused on developing biological conversion systems based on engineered bacteria which convert non-food cellulosic biomass to fuels and chemicals. We seek to use thermophilic bacteria to process biomass without added enzymes and with little or no pretreatment. Terragia leverages years of research and unique technology to bring the world’s most economically feasible biofuels.

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Terragia Biofuel raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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