Thursday, July 16, 2009

Blue Marble Energy Gains Funding

Seattle-based Blue Marble Energy, which says it is developing technology to convert cellulosic materials such as algae, plants, and food waste into chemicals, said it has scored a Series A financing round. The firm did not disclose the amount of the funding or the source of the funding, although it did say its lead investor has joined its board. Blue Marble said it is developing a demonstration facility in Seattle. More information »