Blume Distillation closes Series A financing round for $2.2M

In California, Blume Distillation has closed a Series A financing round with $2.2m from angel and impact investor backing. The funds will accelerate the assembly of the company’s bioethanol production system. Blume’s commercial systems are designed to produce from 20,000 to 500,000 gallons of fuel a year, which it said make it suited to powering applications such as transportation, clean indoor cooking, electricity generation and refrigeration.

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