Incitor receives another $1m in funding for New Mexico plant

September 10, 2012 |

In New Mexico, Incitor has succeeded in another VC investment round with investments totaling $1m for their conversion technology that turns CMF into usable fuel. The company has signed a letter of intent to build its facility in Milan, and has since attracted investment from the New Mexico Angels and the Sun Mountain Capital of Santa Fe. These investments follow a $1.5m investment from Cottonwood Technology earlier this summer.

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