Category Archives: Biofuels

Joule Announces new $40 Million Funding Round

On May 11, 2015, Joule Unlimited announced a new $40 million funding round geared toward increasing commercialization of its fuel conversion technologies. The funding round consists of a mix between private equity and venture debt financing, including return investor Flagship Ventures, and will be primarily allocated toward construction of the company’s production facility in Hobbs, New Mexico.