Tag: Chesapeake Bay Seed Capital Fund

Chesapeake Bay Seed Capital Fund invests $150,000 in Manta Biofuel

Chesapeake Bay Seed Capital Fund invests $150,000 in Manta Biofuel

October 19, 2015 |

In Maryland, the Chesapeake Bay Seed Capital Fund has invested $150,000 into Manta Biofuel LLC, a company that produces crude oil from algae at a cost that is competitive with traditional petroleum. The promise is this: Manta could one day skim algae right off of the Chesapeake Bay and convert it into oil, simultaneously cleaning […]

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