# Terragia Biofuel Incorporated

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/terragia-biofuel

- Industry: Biotechnology
- Headquarters: Hanover, US
- Website: https://terragiabiofuel.com/
- Total disclosed funding: $6M
- Latest round: Seed (Mar 28, 2024)
- Investors on record: 2

## About

Based in New Hampshire, US, and founded in 2022, Terragia Biofuel Incorporated operates as a developer of technology to produce biofuels from cellulosic biomass. The company was founded by its CTO, Lee Lynd, Chris Herring, and Bill Brady. In March 2024, Terragia Biofuel Incorporated raised USD 6 million in seed funding, co-led by Engine Ventures and Energy Impact Partners. As of 2024, the company is led by its CEO, Kristin Brief.

Terragia Biofuel develops carbon-negative, cost-competitive biofuels. The company’s carbon-negative technology converts lignocellulose to fuels and fuel precursors, mainly ethanol. The firm’s biology-based technology converts cellulosic biomass into chemical products.

The company plans to use the funds raised in March 2024 to expand its team and commercialize its technology.

## Funding rounds

- Seed, Mar 28, 2024, $6M — Energy Impact Partners, Engine Ventures

## Investors

- Energy Impact Partners (https://capitalatlas.ai/funds/energy-impact-partners) — Seed
- Engine Ventures (https://capitalatlas.ai/funds/engine-ventures) — Seed