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Breaking News

May 6, 2008

Mascoma Corporation Raises $61 Million In Third Round of Funding

Mascoma Corporation and Marathon Oil Corporation (NYSE:  MRO), today announced a $10 million equity investment by Marathon in Mascoma.  The investment, which is part of $61 million raised in Mascoma’s third round of funding, reflects Marathon’s commitment...

We envision a world…

Where energy independence and security are achieved by combining responsible, sustainable agricultural and forestry practices with cutting edge technological innovation.

Where broad access to sustainable, renewable and affordable energy is a reality.

Where the transformation of cellulosic biomass into ethanol is a leading source of renewable energy.

To realize this vision...

We are developing innovative and cost effective advances in biotechnology and engineering to unlock and harness the potential of this low carbon, renewable energy solution - moving the world beyond traditional approaches to ethanol production.

 
     
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