The biofuel company has brought its series C round a year ahead of schedule with energy companies BP, General Electric and ConocoPhillips joining J.F. Shea and Google in financing the round.
US-based negative carbon fuel developer CoolPlanet BioFuels secured an undisclosed amount of series C funding on Thursday from investors including British Petroleum’s corporate venturing fund, BP Technology Ventures, as well as energy corporations General Electric (GE) and ConocoPhillips, and corporate venturing fund Google Ventures.
The round was led by Shea Ventures, the venture capital division of property and construction corporation JF Shea, while further participation came from utility NRG (which is also a limited partner with ConocoPhillips and GE in…
