Friday, July 29, 2011

InEnTec Raises $20M

Bend, Oregon-based InEnTec, a developer of waste-to-fuel energy technology, said this week that it has raised $20M in a funding round, part of a $69M fundraising effort. Source of the new funding was not disclosed. The firm is developing plasma gasification technology which helps turn waste into fuel. The firm says its engineers come from MIT and Battelle. InEnTech is headed by Karl A. Schoene, a specialty chemicals veteran. More information »