$30M for Joule Biotechnologies

energy, deals, Biofuels

Wade Roush wrote:

Cambridge, MA-based Joule Biotechnologies, which is developing a technology that mimics photosynthesis by turning carbon dioxide into ethanol, has collected $30 million in a second round of funding from Flagship Ventures and unnamed additional investors, according to a report today in VentureWire. Joule launched last summer and is building a pilot plant near Austin, TX.

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