April 27, 2010

BusinessWeek

Biofuels company Coskata gets equity financing

Coskata, which develops technology to produce biofuels and other biochemicals, said it has closed a round of equity financing including an investment from French oil company Total.

Also participating in the transaction were several current Coskata investors, including Blackstone Clean Venture Partners, Khosla Ventures, Advanced Technology Ventures, Globespan Capital Partners and Arancia, the company said.

Total will have a seat on the company's board.