Mascoma is a biofuel company that produces cellulosic ethanol made from wood and switchgrass.
Mascoma Corporation was founded in late 2005 with initial funding from Khosla Ventures and Flagship Ventures in early 2006. A Series B round of funding was closed in November of 2006 and a Series C round of funding was closed in May of 2008. They wish to replace the use of gasoline with cellulosic ethanol.
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| May 12, 2008 | Series C | $61M | 1 |
General Catalyst
|
— | Detail |
| Nov 12, 2006 | Series B | $30M | 1 |
General Catalyst
|
— | Detail |
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
General Catalyst
|
Yes | Series C |