ZeaChem will change the world by creating high margin and sustainable alternatives to petroleum-based fuels and chemicals.
ZeaChem will change the world by creating high margin and sustainable alternatives to petroleum-based fuels and chemicals. Able to use wood chips, wheat straw, corn stover, or grasses to make a range of drop-in products for the $1T+ chemicals and fuels markets, ZeaChem can profit today without any subsidies and is competitive with $50 per barrel oil. ZeaChem’s advantage centers around its fermentation process which converts 100% of the carbon in the sugars into end products, delivering unmatched yields
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Dec 7, 2009 | Grant | $25M | 1 | US Department of Energy | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
US Department of Energy | Yes | Grant |