Inventure Chemical Technology was formed to capitalize on the great opportunity posed by our breakthroughs in algae to biodiesel/ethanol conversion processes. We are applying our patent pending processes to develop and commercialize second generation ethanol and biodiesel technology utilizing a variety of feedstocks, including algae. Our expertise includes both process conversion and plant design/construction. Inventure currently operates a commercial prototype algae biofuel processing facility in Seattle Washington, where it is currently producing biodiesel and ethanol from algae sourced from facilities in Israel, Arizona, and Australia. Inventure’s technology will deliver a viable ROI for companies that use algae technology for sequestering CO2.
Financials
| Date | Type | Amount | Investors | Valuation |
|---|---|---|---|---|
| 01/01/07 | Series A | Unknown | GE Asia Pacific Capital Technology Fund, Itochu Corporation Japan, European Founder’s Fund | Unknown |