GreenTech: Blue Marble Energy Raises $1.3 Million More To Make Carbon-Neutral Fragrances, Flavors And Fuel
Published: FEBRUARY 10, 2011
As posted at GreenTech:
According to a new SEC filing, Blue Marble Energy attracted another $1.3 million investment — this time in a series A-1 convertible note deal — to create carbon neutral alternatives to petrochemicals.
Blue Marble’s biochemicals can be used to manufacture everything from food and perfume, to plastics, adhesives and synthetic textiles. The company also produces renewable energy from biomass.
One of the company’s best known products is its perfume line, EOS, made partly with spent beer brewery grain from Freemont Brewing in conjunction with the hand-made fragrance retailers Sweet Anthem.