Mascoma
Company

Last deal

$50.M

Amount

Debt Financing

Stage

19.08.2011

Date

6

all rounds

$179.8M

Total amount

General

About Company
Mascoma was a biotechnology company that developed advanced bioconversion products.

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founded date

01.01.2005

Number of employees

Company Type

For Profit

Last funding type

Debt Financing

IPO status

Private

Description

Founded in 2006, Mascoma was headquartered in Lebanon, New Hampshire and acquired by Lallemand in 2014. The company partnered with Tamarack Energy to collaborate on cellulosic biomass to ethanol production. Mascoma aimed to replace gasoline with cellulosic ethanol, using their Consolidated Bioprocessing method that eliminated the need for enzymes and additives. They received funding from Khosla Ventures and Flagship Ventures and focused on developing environmentally sustainable, low carbon biofuels.
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