Catalin funded by private venture capital and Iowa State

• Publisher: Elsevier Science
• Year: 2007
• Weight: 50 KB
• Volume: 2007
• Category: Article
• ISSN: 1351-4180
• DOI: 10.1016/s1351-4180(07)70529-9

✦ Synopsis

Catalin funded by private venture capital and Iowa State

Ames, IA, US-based Catilin has received $3 M in Series A funding from lead investor Mohr Davidow Ventures as well as from the Iowa State University. The company is using nanomaterial catalysts to make biodiesel production cheaper and hasten the process. The technology minimizes the number of synthesis steps and the use of raw material.