What Company Is Offering:
Iogen is the world leader in technology to produce cellulose ethanol, a fully renewable, advanced biofuel that can be used in today's cars. Iogen is also an industrial manufacturer of enzyme products with a focus on products for use by the pulp and paper, textile and animal feed industries. Iogen built and operates the world's only demonstration scale facility to convert biomass to cellulose ethanol using enzyme technology. This facility is located in Ottawa. Iogen is currently assessing potential locations for the world's first commercial prototype cellulose ethanol plant.
How Much They Got From VCs:
Iogen Energy Corp, a technology venture between Royal Dutch Shell Corporation and cellulosic ethanol maker Iogen Corp, will receive an increased investment from Shell. The company said it may invest in a commercial plant for the Iogen technology. Iogen is based in Canada.
More at:http://www.iogen.ca/
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