Green Car Congress  
Go to GCC Discussions forum About GCC Contact  RSS Subscribe Twitter headlines

« US DOE releases Grid Energy Storage report | Main | Rice study: higher ethanol blends require different approach to deal with vapor intrusion in buildings; extreme event, low probability »

Print this post

Calysta completes $3M Series A financing; biological conversion of methane to fuels and chemicals

16 December 2013

Calysta Energy completed a Series A financing round totaling $3 million. Calysta intends to use the Series A investment to advance development of biological routes to high value industrial chemicals and fuels based on methane, an advantaged feedstock from natural gas. (Earlier post.)

The financing was led by Pangaea Ventures Ltd., and included current Calysta officers and directors. Purnesh Seegopaul, Ph.D., General Partner at Pangaea, will join the Calysta Board of Directors.

Calysta is focusing on development of methane as a new biological feedstock for cost-competitive, scalable biofuels and chemicals production. Methane is widely available from large domestic deposits of shale gas, as well as landfills and other sources. Calysta’s BioGTL and BioGTC natural gas conversion technologies use proprietary organisms to economically convert methane into liquid hydrocarbons, the building blocks of higher-value, easily transportable fuels and chemicals.

Calysta says that in contrast to current algae- and sugar-based methods, a methane-based biofuel platform is expected to produce fuel at less than half the cost of other biological methods, allowing direct competition with petroleum-based fuels.

December 16, 2013 in Brief | Permalink | Comments (2) | TrackBack (0)


TrackBack URL for this entry:

Listed below are links to weblogs that reference Calysta completes $3M Series A financing; biological conversion of methane to fuels and chemicals:


So they will convert fossil methane to liquid fuels using micro organisms and call it biofuel...

If you digest biomass to methane then convert the methane to liquid hydrocarbon transportation fuels, I would call that sustainable, renewable biofuel.

Verify your Comment

Previewing your Comment

This is only a preview. Your comment has not yet been posted.

Your comment could not be posted. Error type:
Your comment has been posted. Post another comment

The letters and numbers you entered did not match the image. Please try again.

As a final step before posting your comment, enter the letters and numbers you see in the image below. This prevents automated programs from posting comments.

Having trouble reading this image? View an alternate.


Post a comment

Green Car Congress © 2013 BioAge Group, LLC. All Rights Reserved. | Home | BioAge Group