Ever Cat Fuels raises $800,000 in financing round

April 23, 2012 |

In Minnesota, Ever Cat Fuels has raised $800,000 in venture capital for development of a new process for biodiesel production. The securities filing for the company indicates a financing round which expects to raise $4 million. The company’s technology and use of feedstocks from a nearby ethanol plant lowers the cost of production up to $2/gallon.

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Category: Fuels

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