Wednesday, June 01, 2005

Virent Energy Systems raises $1.5M

Claiming a technology for generating hydrogen and fuel gas from biomass (such as corn stalks, etc.), Virent Energy Systems today announced that they have raised $1.5M. The round was led by Venture Investors of Madison, WI, and Advantage Capital Partners also participated. It looks like the company is still in the product development stage.


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