Cointime

Mascoma

company

About

Mascoma is a biofuel company that produces cellulosic ethanol made from wood and switchgrass.

  • 51 - 100

Highlights

Total Funding Amount
$91M
Funding Rounds
2
Investors
1

Details

Last Funding Type
Series C
Last Funding Money Raised
$61M
Industries
Biofuel,Biomass Energy,Biotechnology,CleanTech
Founded date
Jan 1, 2005
Number Of Employee
51 - 100
Operating Status
Active

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.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
$91M
Mascoma has raised a total of $91M in funding over 2 rounds. Their latest funding was raised on May 12, 2008 from a Series C round.
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

Investors

Number of Lead Investors
Number of Investors
2
1
Mascoma is funded by 1 investors. General Catalyst are the most recent investors.
Investor Name Lead Investor Funding Round
General Catalyst Yes Series C
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