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Headline: Renewable Energy for the Future

Website: http://www.agrivida.com/

Agrivida is an agricultural biotechnology company focused on creating renewable, biomass-based alternative fuels and raw materials. We are developing corn varieties that are optimized for producing ethanol from corn stover, otherwise known as "cellulosic" ethanol. Corn stover is, collectively, the leaves, stalks, and husks of corn and it is an inexpensive route to increase yields of ethanol per...More»

Phone: 781-391-1262

Email: agrivida@agrivida.com

Founded: 01/01/2003

Employees: 20

Industry: Greentech

Sub-Industry: Other Greentech

Legal Structure: Corporation

Ownership: Private

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Management

Board of Directors

Date	Type	Capital Amount	Post-Money Valuation	Investors
06/27/2006	Series A	1.4M	Unknown	Massachusett's Renewable Energy Trust
12/2008	Series B	Unknown	Unknown	incTANK Ventures

Name:	Energy crops
Product URL:	http://www.agrivida.com/technology.html
Description:	Agrivida is developing varieties of switchgrass, sugarcane, sorghum, corn, and other energy crops for the production of environmentally friendly chemicals, fuels, and bioproducts. By enabling the production of cheap sugars from this non-food, cellulosic biomass, Agrivida's energy crops and processing technology can reduce costs by over 30% for these industrial biotechnology products. The problem In the U.S., ethanol and other bioproducts are made almost exclusively from corn grain. Manufacturers would prefer to use lower cost feedstocks, such as abundant cellulosic biomass. Unfortunately, the processing costs for these raw materials are prohibitive due largely to today's pretreatment and enzyme costs. The solution Agrivida's energy crops and process technology allow the non-food, cellulosic biomass to be converted into chemicals, fuels, and bioproducts. Agrivida varieties produce inactive enzymes within the plant cell wall. After harvest, the enzymes are activated on demand to degrade the cellulose into sugars for downstream production at costs comparable to $50/bbl petroleum.