Solix raises additional $ 3m !

Solix Biofuels, Inc., a US-based producer of biodiesel from algae, has raised an additional $3 million in venture funding from Bohemian Investments, i2BF Venture Capital, Southern Ute Alternative Energy, LLC and Valero Energy Corporation.

The funds were raised as part of a $11 million round.

Deal Value – (US$ Million) 3
Deal Type – Venture Finance
Sub-Category – Growth Capital/Expansion
Deal Status Completed – 2009-11-25



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