Blume Distillation Lands $2,200,000 Series A Financing

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=bce6bbd5-0a8a-4937-b376-4737e46a6f05&Preview=1
Date
3/28/2013
Company Name
Blume Distillation
Mailing Address
Undisclosed Santa Cruz, CA 95060
Company Description
Blume Distillation LLC is a biofuel technology company providing next generation alcohol fuel production equipment that converts waste or surplus materials into cost-effective alcohol fuel (bio-ethanol) to power applications such as transportation, cooking, refrigeration, and electrical generation.
Website
http://www.blumedistillation.com
Transaction Type
Venture Equity
Transaction Amount
$2,200,000
Transaction Round
Series A
Proceeds Purposes
The funds are being used to accelerate the assembly of Blume Distillation’s prototype bioethanol production system.
M&A Terms
Venture Investor
Undisclosed