Cool Planet Raises $a hundred Million to Produce Biofuel

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Some might scoff when a company says its goal is to “change the world for good,” but Cool Planet Energy Systems has the kind of financial backing that forces you to take that goal more seriously

Cool Planet announced Monday that it has closed a $ 100 million Series D round of financing to ramp up its biofuel production. The funding, which came in stages during the past year, was led by North Bridge Venture Partners and Concord Energy. Existing investors, including Google Ventures and BP, also contributed to the round

See also: Climate Change May Lead to Food Shortages, Civil Conflicts, Scientists Warn Read more…

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