Agroils Technology lands €900K from X-Capital for jatropha projects

March 30, 2012 |

In Italy, Biofuels International reports that Agroils Technology has received €900,000 from X-Capital.  Agroils plans on using the funding to produce animal feed and biofuel, sourced from jatropha.

Biofuels International quotes Giorgio Costacurta from IAG Partners, which was also involved in the investment, stating, “I would like to point out that the cultivation of Jatropha contemplates the exploitation of marginal lands, often with the purpose to fight desertification phenomena affecting entire areas of the planet: the possibility offered by Agroils’ technology to convert a bio-waste into a edible animal feed will significantly impact the countries where the food chain is still a big issue.”

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