EdenIQ, a Visalia, Calif.-based sustainable fuel company, has received a $3.9 million grant from the California Energy Commission as part of California’s Alternative and Renewable Fuel and Vehicle Technology Program, which provides funding for the development of new, California-based biofuel production facilities. Edeniq’s venture backers include Kleiner Perkins Caufield & Byers, Draper Fisher Jurvetson, Flint Hills Renewables, [...]
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EdenIQ, a Visalia, Calif.-based developer of biofuel yield enhancement technologies, has raised $12.4 million in Series B funding.
Draper Fisher Jurvetson led the round, and was joined by The Westly Group, Kleiner Perkins, Cyrus Capital, Angeleno Group, Element Partners, Morgan Stanley, Advanced Equities, Omninet and Nimes Capital.
The company previously raised over $33 million.