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Terragia raised $6M in seed funding 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 29, 2024

Amount Raised

$6 Million

Round Type

Seed

HanoverBiotechnology

Investors

Engine VenturesEnergy Impact Partners

Description

Terragia, a Hanover, NH-based technology startup specializing in biofuels, raised $6M in seed funding. The round was led by Engine Ventures and Energy Impact Partners. The company plans to use the funds 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.

Quick answer

Terragia Biofuel raised $6 Million in a Seed round, dated March 29, 2024. Investors: Engine Ventures and Energy Impact Partners. Terragia Biofuel is based in Hanover, New Hampshire, United States.

How much did Terragia Biofuel raise?
Terragia Biofuel raised $6 Million in a Seed round on March 29, 2024.
Who invested in Terragia Biofuel?
Engine Ventures and Energy Impact Partners are named as investors in this round.
What does Terragia Biofuel do?
Terragia is focused on developing biological conversion systems based on engineered bacteria which convert non-food cellulosic biomass to fuels and chemicals.
Where is Terragia Biofuel based and how big is it?
Terragia Biofuel is based in Hanover, New Hampshire, United States.
Who are the decision-makers at Terragia Biofuel?
Fundz holds 1 contact at Terragia Biofuel. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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.

  • May Health raised $25M (Series B) on May 13, 2024.
  • Lycia Therapeutics, Inc. raised $106M (Series C) on May 13, 2024.
  • MedInTech raised $15M (Series B) on May 13, 2024.
  • ArgusEye raised $3M (Seed) on May 13, 2024.
  • Ajax Therapeutics, Inc. raised $95M (Series C) on May 13, 2024.
  • CereVasc raised $70M (Series B) on May 13, 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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