CoolPlanetBioFuels Receives $8,000,000 New Financing

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1c73fe94-4ee2-42a8-abc0-8dd7f8746a00&Preview=1
Date
11/17/2010
Company Name
CoolPlanetBioFuels
Mailing Address
543 Calle San Pablo Camarillo, CA 93012
Company Description
CoolPlanetBioFuels, based in Camarillo, California, is developing a revolutionary thermal/mechanical processor that directly inputs raw biomass such as woodchips, crop residues and non-food fuel crops, and produces distinct gas streams for catalytic upgrading to conventional hydrocarbon fuel.
Website
http://www.coolplanetbiofuels.com
Transaction Type
Venture Equity
Transaction Amount
$8,000,000
Transaction Round
Undisclosed
Proceeds Purposes
GE’s technical and market resources could accelerate our development well beyond the impact of the company’s financial investment.
M&A Terms
Venture Investor
North Bridge Venture Partners
Venture Investor
GE Energy Financial Services