IHS Chemical Week

EnviroTech :: Innovation

Bunge invests in biobased n-butanol producer

10:41 AM MDT | October 31, 2012 | Rebecca Coons

Cobalt Technologies (Mountain View, CA) says that Bunge Global Innovation, a wholly owned subsidiary of global agribusiness and food company Bunge Limited, has joined its Series E Preferred Stock round as a strategic investor and will supply raw material sugar for Cobalt's Brazilian planned n-butanol facility. Financial terms were not disclosed. All institutional investors from previous rounds participated in the financing round, including Pinnacle Ventures, Malaysian Life Sciences Capital Fund, VantagePoint Capital Partners, The Whittemore Collection, Life...

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