Novogy raises $750K from General Catalyst for cellulosic biofuels

March 2, 2011 |

In Massachusetts, Novogy Inc. —founded by former Mascoma Corp. executives Colin South and Ginja Collins, who have so far been quiet about the technology they are developing—has raised $750,000 more from venture backers General Catalyst Partners.

According to a regulatory filing, comments suggested the company is working on cellulosic biofuels, made from waste paper sludge, to be used in transportation.

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