Blume Distillation, which produced biorefinery equipment for bioethanol and other ethanol based end products, announced a $1 million Series B round led by GreenTech seed, and VC fund CC3IC (Climate Change Investigation Innovation and Investment Company).
Despite oil prices below $50, it looks like there’s still life in cleantech investing. Edeniq, a biorefining and cellulosic technology company, has announced they they’ve raised over $16 million in an equity funding (Looks to be a Series D) from I2BF Global Ventures, DFJ, Angeleno Group, and Flint Hills Resources, and participation from previous investors, The Westly Group, Cyrus Capital, and Nimes Capital.
Electrochaea, which uses a biological process to convert low-cost and stranded electricity into pipeline-grade renewable case has raised ‘several million euro’ in their Series A according to their press release.
