Algenol closes on additional $25M internal equity financing
Green Car Congress
FEBRUARY 10, 2015
Founded in 2006, Algenol converts CO 2 from industrial emitters into transportation fuels through its Direct-To-Ethanol process. This technology has the best chance of actually reducing carbon emissions while producing cheap fuel in the process. This new investment follows a previous investment of $40 million from BioFields in 2014.
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