EnviroTech :: R&D
ZeaChem Builds Toward Its First Flexible Biorefinery
9:08 AM MST | December 30, 2011 | Alex Scott
ZeaChem (Lakewood, CO) closed last November a $24-million series C funding round with its venture capital partners. The company has raised a total of $64 million in private financing to date. This is a relatively modest investment when compared with other biomaterials start-ups such as Solazyme (South San Francisco), which earlier this year raised $227 million and is more advanced commercially than ZeaChem, already selling a range of biofuels and biomaterials. Yet CEO Jim Imbler says the company has advantages in its technology, its geographic position and its...
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