U Mass Spinoff Looks At Bacteria Role In Ethanol Production
SunEthanol wants to streamline ethanol production from plant cellulose, using bacteria to do the heavy lifting.
The company, spun off from the University of Massachusetts, on Tuesday announced that it has raised a first round of funding for an undisclosed amount and intends to raise a second round later this year. Investors are ethanol producer VeraSun Energy, Battery Ventures, Long River Ventures and AST Capital.
The investment will be used to optimize a naturally occurring microbe, which the company calls the Q Microbe, to make ethanol, a car fuel. The microbe was discovered by Susan Leschine, University of Massachusetts professor of microbiology and company adviser, in the soil of New England.
Science, Aug. 15, 2007
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