In Massachusetts, Qteros is looking to raise $3m to $5m to redevelop its technology with the Q microbe, at a much smaller scale, employing 12 people. Potential customers for the reborn company would include paper mills and sugarcane ethanol operations. Said William Rosenberg, executive director of the UMass Commercial Ventures and Intellectual Property office, “We’d […]
In Massachusetts, Qteros has closed its Chicopee fermentation facility. “The company has made significant advancement in the technology, but there are always these issues of continuing the flow of investment funds,” she said.,” said Susan Leschine, whose research founded the company, told MassLive.com. According to reports, the company’s offices have been locked, and have been […]
Two leading biofuels CEOs leave office in one week. Who’s next? Our old friend, Brian Westlake, surfaces to explain the nuances, calm fears, stir troops to action, and detail the real story. So my old pal Brian Westlake calls yesterday, after a long absence, and explains that he’s now investing deeply into industrial biotech. “Bloody […]
A setbaQ in the Quest for Quick SuQQess at Qteros. Sign of the times? Why are cellulosic biofuels companies struggling with Series C investment rounds? How much time do cellulosic ethanol companies have left to go big, before they go home? In Massachusetts, Qteros CEO John McCarthy and an unconfirmed cadre of key people left […]
Voting in the third round (Sweet 16) of the Transformative Technologies 2011 tournament begins Monday, August 29 and will close on Friday, September 2 at 5pm ET. Here are the match-ups, with links to previews of the contests and data on each company’s technologies and progress towards commercialization. Solazyme vs OriginOil Gevo vs Terrabon Joule […]
Background: This is an Elite Eight (quarter-final), Eastern Regional match-up between #4 seed Qteros and #7 seed Joule Unlimited, in the 2011 Transformative Technologies tourney, from Biofuels Digest. Voting: Open to all Biofuels Digest subscribers. Voting links are in the Biofuels Digest daily newsletter. To subscribe (free), visit here. The winner gets: Most votes advances […]
In third day voting in round three of Transformative Technologies 2011, Novozymes shot ahead of #1 seed Amyris 51-49. threatening to topple the company that secured the top ranking in last year’s 50 Hottest Companies in Bioenergy. Meanwhile, tournament Cinderella OriginOil saw its lead over Codexis narrowed to 55-45, but with two days voting remaining, […]
Background: This is a Sweet Sixteen (third round), Eastern Regional match-up between #4 seed Qteros and #8 seed INEOS Bio, in the 2011 Transformative Technologies tourney, from Biofuels Digest. Voting: Open to all Biofuels Digest subscribers. Voting links are in the Biofuels Digest daily newsletter. To subscribe (free), visit here. The winner gets: Most votes […]
Background: This is a second round, East Regional match-up between #4 seed Qteros and #5 seed Algenol, in the 2011 Transformative Technologies tourney, from Biofuels Digest. Voting: Open to all Biofuels Digest subscribers. Voting links are in the Biofuels Digest daily newsletter. To subscribe (free), visit here. The winner gets: Most votes advances to the Sweet […]
Background: This is a first round, East Regional match-up between #4 seed Qteros and #13 seed Inbicon in the 2011 Transformative Technologies tourney, from Biofuels Digest. Voting: Open to all Biofuels Digest subscribers. Voting links are in the Biofuels Digest daily newsletter. To subscribe (free), visit here. The winner gets: Most votes advances to the […]
