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.
Category: Fuels