Mascoma Corporation was founded in late 2005 with initial funding from Khosla Ventures and Flagship Ventures in early 2006. A Series B round of funding was closed in November of 2006 and a Series C round of funding was closed in May of 2008.
Mascoma has subsequently received several state and federal grants, including:
- A $14.8MM grant from the State of New York for the establishment of a demonstration plant.
- A $4.9MM grant from the U.S. Department of Energy for organism development.
- Part of the $125MM U.S. Department of Energy Bioenergy Science Center Grant led by Oak Ridge National Lab.
- A $26 million grant from the U.S. Department of Energy for the establishment of a demonstration plant.
Mascoma is aggressively pursuing the development of advanced cellulosic ethanol technologies across a range of cellulosic feedstocks. As part of our strategy of technology discovery, development and deployment, we are aggressively patenting numerous technologies and forming a broad set of research and commercial partnerships.
Our corporate and engineering offices are located in Boston, Massachusetts; our R&D labs are headquartered in Lebanon, New Hampshire; and our demonstration plant is in Rome, NY.
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