IHS Chemical Week

EnviroTech :: Sustainability

Bunge invests in biobased n-butanol producer

9:45 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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