EcoMotors Obtains Series B Financing from Khosla Ventures and Bill Gates

EcoMotors International, a Troy, Michigan-based company that is developing and commercializing a new engine technology, announced on Monday that if has secured Series B funding from Khosla Ventures and Bill Gates.  The company stated that this funding will be sufficient for it to complete engineering and testing of its OPOC engine. The company claims that its technology, which uses an … Read more

Mascoma Receives $49.5 Million from the U.S Department of Energy and the State of Michigan

Mascoma Corporation, a Boston, Massachusetts-based company involved in the development and deployment of cellulosic ethanol technologies, announced ealier this week that it received a $49.5 million — $26 million from the U.S. Department of Energy and $23.5 million from the State of Michigan.  The funds will be used for the development of a cellulosic fuel … Read more