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.
More background on the story from the Digest
Category: Producer News