Joule Unlimited Garners $70,000,000 Series C Funding Round

  • Feed Type
  • Date
    1/17/2012
  • Company Name
    Joule Unlimited
  • Mailing Address
    83 Rogers St. Cambridge, MA 02142
  • Company Description
    Joule is pioneering the production of Liquid Fuel from the Sun, surpassing today’s barriers to abundant, sustainable, cost-competitive supply.
  • Website
    http://www.jouleunlimited.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $70,000,000
  • Transaction Round
    Series C
  • Proceeds Purposes
    The proceeds will be applied towards the build-out and operation of a Joule facility located in Hobbs, New Mexico and slated for commissioning in the summer of 2012.
  • M&A Terms
  • Venture Investor
    Flagship Ventures
  • Venture Investor
    Undisclosed