Direvo closes $4.5 million in new financing from existing investors

March 19, 2013 |

In Germany, Direvo Industrial Biotechnology GmbH (Direvo) announced the successful closure of a financing round of three and a $4.5 million to fund the sustainable growth of the company. All current major investors participated in this third financing round since the founding of Direvo, a spin-off from Direvo Biotech AG, in the year 2008. The capital will be used to get the platform technologies BluCon® and BluZy® ready for the market.

Category: Fuels

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