Comments on: Rennovia Grabs $12M for Renewable Chemicals

By: Segetis Brings In $17.2M for Renewable Chemicals

Segetis Brings In $17.2M for Renewable Chemicals — Wed, 30 Dec 2009 19:02:17 +0000

[...] for renewable chemicals has garnered interest in recent months. For example, earlier this year Rennovia picked up $12.3 million in a first round of venture funding, and Draths Corp. raised $21.7 million in third-round [...]

By: Butterbrot

Butterbrot — Mon, 16 Nov 2009 08:42:29 +0000

Is there any new information out there on Rennovia? Nothing new seems to have come out of the company since September. There's not even a website up.

Thanks!

By: Clean Tech Open Names 3 Winners in Rocky Mountain Region

Clean Tech Open Names 3 Winners in Rocky Mountain Region — Tue, 03 Nov 2009 23:40:33 +0000

[...] them at an economical price and on an industrial scale. A number of well-funded biofuels startups, including Rennovia, have the same [...]

By: Justin Moresco

Justin Moresco — Mon, 21 Sep 2009 15:30:38 +0000

Gloveful,

The article indicates that Rennovia "secured" $12.3 million in financing. That's according to the SEC filing. If Reuters wrote that the company "raised" $6 million, it's because that's the portion of the round that the startup so far has taken, also according to the SEC filing. Startups often receive VC money in tranches. The $6 million is the first tranche of what should eventually be $12.3 million in funding.

By: Gloveful of vaseline

Gloveful of vaseline — Sat, 19 Sep 2009 02:30:28 +0000

Rennovia grabs 12 million?

Other coverage of this story, like Reuters yesterday, have written that Rennovia has raised 6 million of its 12 million dollar round. The basis for this is a filing with the SEC.

Do you have new info? Please clarify.

By: Rennovia Grabs $12M for Renewable Chemicals [ Earth2Tech ]

Rennovia Grabs $12M for Renewable Chemicals [ Earth2Tech ] — Sat, 19 Sep 2009 02:29:12 +0000

[...] Rennovia Grabs $12M for Renewable Chemicals Found 6 hours, 26 minutes ago Rennovia, a stealthy renewable chemicals startup based in Menlo Park, Calif., has secured a $12.3 million first round of venture funding led by 5AM Ventures and Versant Ventures (hat tip peHUB). Details on Rennovia are slim, but its mission, according to a job posting from the company, is to lead the development of chemical processing [...] From: earth2tech.com [...]