Tech Company Financing Transactions

Cobalt Technologies Funding Round

Parsons & Whittemore, @Ventures and Burrill & Company joined a $20 million Series D funding round for Cobalt Technologies. The round was announced on 5/2/2011.

Transaction Overview

Company Name
Cobalt Technologies
Announced On
5/2/2011
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Series D
Investors

Parsons & Whittemore (Lead Investor)

@Ventures

Burrill & Company (John Hamer)

Harris & Harris Group

Life Sciences Partners (Fouad Azzam)

Pinnacle Ventures (Kenneth Pelowski)

VantagePoint Capital Partners (Thomas Huot)

Proceeds Purpose
The additional capital will enable Cobalt to build out its new 470,000 gallon per year demonstration plant in Alpena, Michigan, which will be the world's first cellulosic biorefinery for the production of the industrial chemical n-butanol. In addition, the funding will enable Cobalt to expand its network of strategic relationships, to begin development of its first commercial facilities and to progress its partnership with the U.S. Navy to develop bio jet fuel.

Company Information

Company Status
Private & Independent
Industry
Alternative Energy
Mailing Address
PO Box 21227
Bradenton, FL 34204
USA
Phone
(650) 230-0760
Website
www.cobalttech.com
Email Address
[email protected]
Overview
Cobalt Technologies is a leading developer of innovative technologies that enable the next generation of biofuels.
Profile
Cobalt Technologies LinkedIn Company Profile
Social Media
Cobalt Technologies Company Twitter Account
Company News
Cobalt Technologies News
Facebook
Cobalt Technologies on Facebook
YouTube
Cobalt Technologies on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Andy Meyer
  Andy Meyer LinkedIn Profile  Andy Meyer Twitter Account  Andy Meyer News  Andy Meyer on Facebook
Chief Operating Officer
Carole Cobb
  Carole Cobb LinkedIn Profile  Carole Cobb Twitter Account  Carole Cobb News  Carole Cobb on Facebook
VP - R & D
David Walther
  David Walther LinkedIn Profile  David Walther Twitter Account  David Walther News  David Walther on Facebook

 

 

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