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Verenium

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Verenium possesses integrated, end-to-end capabilities in pre-treatment, novel enzyme development, fermentation, engineering, and project development and is moving rapidly to commercialize its proprietary technology for the production of cellulosic ethanol from a wide array of feedstocks, including sugarcane bagasse, dedicated energy crops, agricultural waste, and wood products. In addition to the vast potential for advanced biofuels, a multitude of large-scale industrial opportunities exist for the Company for products derived from the production of low-cost, biomass-derived sugars.

Milestones

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• 
  Verenium received $90M in Venture Round funding. (8/6/08)
  Posted 9/9/09 at 2:33am via venturebeat.com
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  Verenium was acquired by British Petroleum for $98.3M. (7/15/10)
  Posted 7/16/10 at 5:31pm via techcrunch.com
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  Verenium — BP closes $98M buyout of Verenium biofuels business (9/3/10)
  Posted 9/7/10 at 4:24am via masshightech.com

Videos

Screenshots

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Sources

1. BP Buys Verenium’s Biofuel Business For $98 Million (techcrunch.com) [edit]
2. Cellulosic ethanol maker Verenium gets $90M investment from BP (deals.venturebeat.com) [edit]
BP closes $98M buyout of Verenium biofuels business (masshightech.com) [edit]