Virdia Lands $30,000,000 New Funding

  • Feed Type
  • Date
    3/6/2012
  • Company Name
    Virdia
  • Mailing Address
    Undisclosed Redwood City, CA 94065
  • Company Description
    Virdia is a leading developer of cellulosic sugars and lignin for use in the renewable chemicals, bio-energy and nutrition industries. The company’s CASE proprietary process converts a wide range of cellulosic feedstock, including wood, energy crops and agricultural residues into highly refined sugars and lignin.
  • Website
    http://www.virdia.com
  • Transaction Type
    Debt, Venture Equity
  • Transaction Amount
    $30,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The company will build manufacturing facilities in the state of Mississippi.
  • M&A Terms
  • Venture Investor
    Khosla Ventures
  • Venture Investor
    Burrill & Company
  • Venture Investor
    TriplePoint Capital
  • Venture Investor
    Undisclosed