Terragia Secures $6M to Develop Cost-Competitive, Low-Carbon Biofuel Technology

HANOVER, N.H.--(BUSINESS WIRE)--Terragia Biofuel, a technology startup aiming to drive the next generation of biofuels, today announced it has raised a $6 million seed round led by Engine Ventures and Energy Impact Partners (EIP). The company will use the capital to commercialize its novel biology-based approach to converting cellulosic biomass into ethanol and other products, expand its employee headcount and initiate partnerships with major biofuel producers. Terragia uses engineered thermoph