Press Release: Terragia Secures $6M to Develop Cost-Competitive, Low-Carbon Biofuel Technology

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class='page-section content-collection full-bleed-section collection-type-blog-basic-grid background-width--full-bleed section-height--medium content-width--wide horizontal-alignment--center vertical-alignment--middle white' data-section-id="66a3b8b8806d7d21ebe10737" data-controller="SectionWrapperController" data-current-styles="{ "imageOverlayOpacity": 0.15, "backgroundWidth": "background-width--full-bleed", "sectionHeight": "section-height--medium", "horizontalAlignment": "horizontal-alignment--center", "verticalAlignment": "vertical-alignment--middle", "contentWidth": "content-width--wide", "sectionTheme": "white", "sectionAnimation": "none", "backgroundMode": "image" }" data-current-context="{ "video": { "playbackSpeed": 0.5, "filter": 1, "filterStrength": 0, "zoom": 0, "videoSourceProvider": "none" }, "backgroundImageId": null, "backgroundMediaEffect": null, "divider": null, "typeName": "blog-basic-grid" }" data-animation="none" > <div class="section-border" > <div class="section-background"> </div> </div> <div class='content-wrapper' style=' ' > <div class="content" > <div class="blog-item-wrapper blog-basic-grid-item-wrapper" data-content-field="main-content" data-item-id=""> <article id="article-" class="h-entry entry hentry post-type-"> <div class="blog-item-inner-wrapper"> <div class="blog-item-top-wrapper"> <div class="blog-item-title"> <h1 class="entry-title entry-title--large p-name" itemprop="headline" data-content-field="title">Press Release: Terragia Secures $6M to Develop Cost-Competitive, Low-Carbon Biofuel Technology</h1> </div> <div class="blog-item-meta-wrapper"> <div class="blog-item-author-date-wrapper" data-animation-role="date"> <time class="dt-published blog-meta-item blog-meta-item--date" datetime="Mar 28" pubdate data-content-field="published-on"> <span>Mar 28</span> </time> <div class="blog-meta-item blog-meta-item--author p-author author" data-content-field="author">Written By <a href="/press?author=5c7f380ec6deb0e79856e608" class="blog-author-name">Ambrose Reed</a></div> </div> </div> </div> <div class="blog-item-content-wrapper"> <div class="blog-item-content e-content"><div class="sqs-layout sqs-grid-12 columns-12" data-layout-label="Post Body" data-type="item" id="item-66a3ba13c2b5786deb303ba8"><div class="row sqs-row"><div class="col sqs-col-12 span-12"><div class="sqs-block html-block sqs-block-html" data-block-type="2" data-border-radii="{"topLeft":{"unit":"px","value":0.0},"topRight":{"unit":"px","value":0.0},"bottomLeft":{"unit":"px","value":0.0},"bottomRight":{"unit":"px","value":0.0}}" id="block-13ba48dd6d5fb0138941"><div class="sqs-block-content"> <div class="sqs-html-content"> <p class="" style="white-space:pre-wrap;"><em>The startup expanded its leadership team with climate tech veteran Kristin Brief joining as CEO, Lee Lynd transitions to CTO.</em></p><p class="" style="white-space:pre-wrap;"><a href="https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fterragiabiofuel.com%2F&esheet=53916166&newsitemid=20240328826446&lan=en-US&anchor=Terragia+Biofuel&index=1&md5=3671f4873c9fa4ab88211419f1902cd9" target="_blank">Terragia Biofuel</a>, a technology startup aiming to drive the next generation of biofuels, today announced it has raised a $6 million seed round led by <a href="https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fengineventures.com%2F&esheet=53916166&newsitemid=20240328826446&lan=en-US&anchor=Engine+Ventures&index=2&md5=9be4b8a012fa7138c63cdcfdec8dea5d" target="_blank">Engine Ventures</a> and <a href="https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.energyimpactpartners.com%2F&esheet=53916166&newsitemid=20240328826446&lan=en-US&anchor=Energy+Impact+Partners&index=3&md5=d8bffdb35c7347e7f1336833ecedbaa0" target="_blank">Energy Impact Partners</a> (EIP). The company will use the capital to commercialize its novel biology-based approach to converting cellulosic biomass into ethanol and other products, expand its employee headcount and initiate partnerships with major biofuel producers.</p><p class="sqsrte-large" style="white-space:pre-wrap;"><strong>Read the full article on </strong><a href="https://www.businesswire.com/news/home/20240328826446/en/Terragia-Secures-6M-to-Develop-Cost-Competitive-Low-Carbon-Biofuel-Technology" target="_blank"><strong>BusinessWire</strong></a><strong>.</strong></p> </div> </div></div></div></div></div></div> <div class="blog-item-author-profile-wrapper" data-content-field="author"> <a href="/press?author=5c7f380ec6deb0e79856e608"> <span class="author-name">Ambrose Reed</span> </a> <a href="https://ambrosereed.com" class="author-website" target="_blank">https://ambrosereed.com</a> </div> </div> <section class="blog-item-comments"> <div class="blog-item-comments-toggle-wrapper"> <div id="blogItemCommentsContent" class="blog-item-comments-content" data-content-field="comments"> </div> </div> </section> </div> </article> </div> </div> </div> </section> </article> <section id="itemPagination" class="item-pagination item-pagination--prev-next" data-collection-type="blog-basic-grid" > <a href="/press/a-startup-que-desafia-a-razen-no-etanol-de-segunda-gerao-the-startup-that-challenges-razen-in-second-generation-ethanol" class="item-pagination-link item-pagination-link--prev"> <div class="item-pagination-icon icon icon--stroke"> <svg class="caret-left-icon--small" viewBox="0 0 9 16"> <polyline fill="none" stroke-miterlimit="10" points="7.3,14.7 2.5,8 7.3,1.2"/> </svg> </div> <span class="pagination-title-wrapper"> <div class="visually-hidden">Previous</div> <div class="item-pagination-prev-next">Previous</div> <h2 class="item-pagination-title">A startup que desafia a Raízen no etanol de segunda geração [The startup that challenges Raízen in second-generation ethanol]</h2> </span> </a> </section> </main> <footer class="sections" id="footer-sections" data-footer-sections> <section data-test="page-section" data-section-theme="light" class='page-section full-bleed-section layout-engine-section background-width--full-bleed section-height--custom content-width--wide horizontal-alignment--center vertical-alignment--middle light' data-section-id="6691941231a9205db08beb1d" data-controller="SectionWrapperController" data-current-styles="{ "imageOverlayOpacity": 0.15, "backgroundWidth": "background-width--full-bleed", "sectionHeight": "section-height--custom", "customSectionHeight": 10, "horizontalAlignment": "horizontal-alignment--center", "verticalAlignment": "vertical-alignment--middle", "contentWidth": "content-width--wide", "customContentWidth": 50, "sectionTheme": "light", "sectionAnimation": "none", "backgroundMode": "image" }" data-current-context="{ "video": { "playbackSpeed": 0.5, "filter": 1, "filterStrength": 0, "zoom": 0, "videoSourceProvider": "none" }, "backgroundImageId": null, "backgroundMediaEffect": { "type": "none" }, "divider": { "enabled": false }, "typeName": "blog-basic-grid" }" data-animation="none" data-fluid-engine-section style="min-height: 10vh;" > <div class="section-border" > <div class="section-background"> </div> </div> <div class='content-wrapper' style=' padding-top: calc(10vmax / 10); 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Press Release: Terragia Secures $6M to Develop Cost-Competitive, Low-Carbon Biofuel Technology — Terragia