Comet Biorefining

company

About

Comet Biorefining has developed a novel process to convert cellulosic biomass into high quality cost-competitive cellulosic glucose.

  • 11 - 50

Details

Last Funding Type
Series C
Last Funding Money Raised
$22M
Industries
Agriculture,Biotechnology,Business Development,Professional Services
Founded date
Jan 1, 2009
Number Of Employee
11 - 50
Operating Status
Active

Comet Biorefining is a leading provider of sustainable high-quality cost-competitive cellulosic glucose technology for applications in renewable biofuels and biochemicals. The company’s proprietary technology allows for the conversion of wood, wheat straw, bagasse, corn stover and other agricultural waste materials into high purity cellulosic glucose syrup. These non-food sources offer lower cost and price stability when compared to food sugar sources such as corn or sugar cane. Demonstrated at 5 dry tons per day scale, Comet is focusing on commercial scale up and development of commercial partnerships with applications in renewables industries.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
$22M
Comet Biorefining has raised a total of $22M in funding over 2 rounds. Their latest funding was raised on Jul 13, 2021 from a Series C round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jul 13, 2021 Series C $22M 1 Detail

Investors

Number of Lead Investors
Number of Investors
1
Comet Biorefining is funded by 1 investors. Louis Dreyfus Company are the most recent investors.
Investor Name Lead Investor Funding Round
Louis Dreyfus Company Series C