Investor News

Posted on June 29, 2015

Blume Distillation lands $1 million Series B funding

Ethanol Producer Magazine By Susanne Retka Schill | February 10, 2015 Blume Distillation LLC just doubled its Series B capitalization with a $1 million capital infusion from cleantech seed and venture capital fund, Climate Change Investigation, Innovation and Investment Co (CC3IC). CC3IC’s investment is expected to accelerate the company’s intellectual property (IP) filings and licensing, as well as the design, development and commercial roll-out of the Blume Distillation technology. Read More > Continue Reading >>

Posted on June 29, 2015

B Round News

Jim Farrell (member/manager of Climate Change Innovation, Investigation and Investment Corporation (CC3IC, a green tech incubator that placed a $1MM institutional investment in Blume in November 2014) commits an additional $1.5MM investment incentive match for Blume B round

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Posted on March 1, 2015

Blume Global Reach

Dr. Al-Othaman of Sipchem Corp, Kingdom of Saudi Arabia and David Blume – CEO Blume Distillation sign joint development agreement 2/21/15 to implement a bioethanol production solution using waste resources to produce 5MM gallons of fuel a year.

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Posted on February 10, 2015

Blume Distillation LLC Reaches Key Milestone with New Funding from CC3IC

Significant Investment Signals Industry Confidence and Supports Accelerated Development of Blume’s Unique Market-Leading Advanced BioRefinery Technology, Equipment and Solutions Santa Cruz, CA— February 10, 2015 Blume Distillation LLC the leading provider of appropriate-scale biorefinery equipment for the production of bioethanol and related high value alcohol-based end products announced today it has reached a key milestone in the company’s history and growth. With a new $1million investment in its series B round offering, placed by GreenTech seed and venture capital fund Climate Change Continue Reading >>

Posted on March 27, 2013

Blume Distillation LLC Closes $2.2 Million Series A Financing

Funds Accelerate Development of Market-leading Technology for Advanced Biofuel Production Equipment Santa Cruz, CA— March 27, 2013 Blume Distillation LLC the leading provider of appropriate-scale alcohol fuel (bioethanol) production equipment announced today the successful closing of its $2.2 million Series A financing round. The round comprises angel and impact investor backing. The funds are being used to accelerate the assembly of Blume Distillation’s prototype bioethanol production system. The Company is focused on developing and acquiring intellectual property in the areas Continue Reading >>

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