Friday, February 9, 2007

Targeted Growth Raises $22.3M

Seattle-based Targeted Growth has raised $22.3M for the firm's technology for producing renewable fuels. The round was led by Capricorn Management and AllianceBernstein. Targeted Growth is developing biotechnology for increasing yields on feedstock, such as corn, soy, and canola, which is used to product ethanol and biodiesel. Other current investors also participated in the round. More information »