Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=279e83b1-9315-40d9-a806-3049b869465f&Preview=1
Date 4/30/2010
Company Name EdenIQ
Mailing Address 1520 N. Kelsey St. Visalia, CA 93291
Company Description EdeniQ’s scientists are pursuing solutions that cost-effectively convert abundant, non-food biomass into fuels. Making fuels from agricultural waste such as corn stover, sugarcane bagasse, rice straw and woodchips takes the controversy out of biofuels and puts the green – and the humanity – in.
Proceeds Purposes EdeniQ will use the funds to speed deployment of its existing yield enhancement technologies and to further develop its Corn-to-Cellulose Migration (CCM) program, which was recently awarded a $20.4 million grant from the U.S. Department of Energy.