Algenol closes on additional $25M internal equity financing
Green Car Congress
FEBRUARY 10, 2015
It is then isolated and purified, while the algal biomass is processed to extract and produce a bio-oil co-product. The algal bio-oil can be used to produce biodiesel, renewable diesel, or other bio-oil-derived products. BioFields’ most recent investment builds atop previous commitments to Algenol that began in 2007.
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