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    Thursday, August 30, 2007

    Propel Biofuels Raises $4.75M


    Seattle-based Propel Biofuels has raised $4.75M in a Series A investment round, led by @Ventures. Other investors in the firm included Nth Power and Seattle-based individuals. @Ventures said that it contributed $2.0M to the venture round. Propel Biofuels is developing public biofuels fueling sites, along with consulting and support to transportation fleets. Peter Mills of @Ventures has joined the firm's board along with the funding.
    posted on Thursday, August 30, 2007 (Link to more information)


    Related companies:
    Propel Biofuels

    Related stories:
    > Seattle BioFuels Raises $7.5M
    > Inventure Chemical Scores Funding Round
    > HealthUnity Raises $1.4M
    > InSpa Raises $5M
    > Insitu Raises $25M

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