TITLE

Mascoma

AUTHOR(S)
A. D.
PUB. DATE
October 2007
SOURCE
Red Herring;10/7/2007, Vol. 4 Issue 29, p68
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article features energy company Mascoma of Cambridge, Massachusetts. Its chief executive officer (CEO) is Bruce Jamerson. Its key investors are Catalyst Partners, Kleiner Perkins Caufield & Byers, Vantage Point Venture Partners, Atlas Venture, Pinnacle Ventures, Khosla Ventures, and Flagship Ventures. Cellulosic biomass, that is, wood chips, switchgrass, and cornstalks, is an inexpensive biofuel source. Mascoma has developed cost-effective processes to convert the plant material into ethanol. Market timing looks good for the company's technology, given that ethanol production could tap out at 12 billion gallons a year as traditional foodstuff sources become limited.
ACCESSION #
28819364

 

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