Cobalt Biofuels Raises $25M for Biobutanol Development
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Submitted by DTN Ethanol Blog
| Cobalt Biofuels said in a news release that it raised $25 million in equity to accelerate the commercialization of biobutanol, an advanced biofuel. The Series C equity round was co-led by LSP and Pinnacle Ventures and included both new and existing investors.
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