Propel Biofuels Lands $3,500,000 New Financing

  • Feed Type
  • Date
    9/20/2011
  • Company Name
    Propel Biofuels
  • Mailing Address
    4444 Woodland Park Ave North Seattle, WA 98103
  • Company Description
    Propel builds, owns and operates public biodiesel fueling sites. We also provide comprehensive consulting and support to large fleets seeking a transition to alternative fuels, because most fleets fuel at public sites. We are building the “last mile,” connecting biofuel producers with customers. Building the last mile requires expertise in fuel chemistry, quality assurance, construction, materials, marketing, and customer service.
  • Website
    http://www.propelbiofuels.com
  • Transaction Type
    Debt
  • Transaction Amount
    $3,500,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Proceeds purposes were not disclosed. SEC regulatory filing.
  • M&A Terms
  • Venture Investor
    Undisclosed