Friday, November 23, 2007

Algae to Biofuels Startup lands funding from Imperium

You are at: Oilgae Blog. See the complete list of Oilgae Blog articles.

Algae to Biofuels Startup lands funding from Imperium

Aug 2007

A Tacoma startup by the name of Inventure Chemical has raised about $1.5 million to continue development on a chemical process that turns algae into biodiesel and ethanol.

One of the biggest backers of the company is Imperium Renewables, the Seattle biodiesel producer that just opened a massive biodiesel plant in Grays Harbor County last week.

Full news report here

Nature gave us oil from algae; perhaps we should try Nature's way again

No comments:

Post a Comment