With this round of funding Cobalt Biofuels will move aggressively toward commercial production of cost effective, non-food based biobutanol
Are you a publisher? Try Daylife's Intelligent Content Services Platform
With this round of funding Cobalt Biofuels will move aggressively toward commercial production of cost effective, non-food based biobutanol
Closing a funding round of this size in this economic environment is a testimony to the strength of Cobalt Biofuels' technology and the tremendous potential that biobutanol has as a next generation biofuel
This funding will help in the urgent search for low carbon and sustainable alternatives to oil by accelerating the development of two advanced technologies; pyrolysis-based conversion and algae as a sustainable feedstock.