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Mascoma

mascoma.com

Founded Year

2005

Stage

Acquired | Acquired

Total Raised

$186.84M

About Mascoma

Mascoma develops environmentally sustainable, low carbon biofuels from cellulosic biomass. The company's Consolidated Bioprocessing method converts non-food biomass feedstocks into cellulosic ehtanol through the use of a process that eliminates the need for enzymes and additives.

Headquarters Location

67 Etna Road Suite 300

Lebanon, New Hampshire, 03766,

United States

603-676-3320

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Expert Collections containing Mascoma

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Mascoma is included in 2 Expert Collections, including Synthetic Biology.

S

Synthetic Biology

305 items

Companies involved in design and development of new biological parts, devices, and systems; as well as the re-design of existing biological systems.

R

Renewable Energy

2,900 items

Includes companies working on technology to support renewable energy generation.

Mascoma Patents

Mascoma has filed 16 patents.

patents chart

Application Date

Grant Date

Title

Related Topics

Status

11/30/2012

9/8/2020

EC 1.1.1, Metabolism, Ethanol fuel, Enzymes, Ethanol

Grant

Application Date

11/30/2012

Grant Date

9/8/2020

Title

Related Topics

EC 1.1.1, Metabolism, Ethanol fuel, Enzymes, Ethanol

Status

Grant

Latest Mascoma News

Mascoma Bank Selects Upstart for Personal Lending

Jun 2, 2022

Download Quote from Ken Wells, Chief Retail Lending Officer for Mascoma Bank (Graphic: Business Wire) June 02, 2022 09:00 AM Eastern Daylight Time LEBANON, N.H. & SAN MATEO, Calif.--( BUSINESS WIRE )--Mascoma Bank, a $2.6 billion mutual bank and Certified B-Corporation® serving Northern New England, announced today that it has partnered with Upstart (NASDAQ: UPST), a leading artificial intelligence (AI) lending platform, to offer AI-powered personal loans to more people. “As Mascoma Bank expands the ways to best serve Northern New England, the partnership with Upstart allows us to diversify within the consumer lending space through a new personal loan offering,” said Ken Wells, Chief Retail Lending Officer for Mascoma Bank. “Through Upstart’s AI lending platform, Mascoma Bank will be able to reach and lend to more creditworthy borrowers while providing an all-digital modern consumer lending experience.” As a new Upstart lending partner since March 2022, Mascoma Bank will be part of the Upstart Referral Network. With the Upstart Referral Network, qualified personal loan applicants on Upstart.com who meet Mascoma Bank’s credit policies receive tailored offers as they seamlessly transition into a Mascoma Bank-branded experience to complete the online application and closing process. “We are excited to have Mascoma Bank as a new lending partner on the Upstart Referral Network,” said Michael Lock, SVP of Lending Partnerships for Upstart. “Through our partnership, Mascoma Bank will be able to reach and provide access to affordable credit to more consumers in Northern New England." To learn more about the Upstart Referral Network, please visit https://www.upstart.com/for-banks/referral-network/ and watch this video . About Upstart Upstart (NASDAQ: UPST) is a leading AI lending platform partnering with banks and credit unions to expand access to affordable credit. By leveraging Upstart’s AI platform, Upstart-powered banks and credit unions can have higher approval rates and lower loss rates for every race, ethnicity, age, and gender, while simultaneously delivering the exceptional digital-first lending experience their customers demand. More than two-thirds of Upstart loans are approved instantly and are fully automated. Upstart was founded by ex-Googlers in 2012 and is based in San Mateo, California and Columbus, Ohio. About Mascoma Bank Headquartered in Lebanon, New Hampshire, Mascoma Bank is a $2.6 billion mutual bank and Certified B-Corporation® with 28 branches and 2 loan offices throughout Northern New England. Mascoma Bank was founded in 1899 by community members seeking ways to establish a healthy local economy. For over 122 years, Mascoma Bank's foundation of mutuality has continued to be a force for positive change supporting communities to reach thriving sustainability. Mascoma Bank has made a strong commitment of utilizing technology to help support its mission and values of putting the customer at the center of its work. Contacts

Mascoma Frequently Asked Questions (FAQ)

  • When was Mascoma founded?

    Mascoma was founded in 2005.

  • Where is Mascoma's headquarters?

    Mascoma's headquarters is located at 67 Etna Road, Lebanon.

  • What is Mascoma's latest funding round?

    Mascoma's latest funding round is Acquired.

  • How much did Mascoma raise?

    Mascoma raised a total of $186.84M.

  • Who are the investors of Mascoma?

    Investors of Mascoma include Lallemand, Flagship Pioneering, General Catalyst, GM Ventures, Valero Energy Corporation and 11 more.

  • Who are Mascoma's competitors?

    Competitors of Mascoma include Viridos, Lynntech, TerraVia, ClearFuels Technology, Woodland Biofuels and 9 more.

Compare Mascoma to Competitors

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VREC

Vital Renewable Energy Company (VREC) is a renewable energy company focused on the development of sugar cane based ethanol and electricity generation in Brazil, as well as related infrastructure projects. VREC is constructing and will operate greenfield sugar cane ethanol facilities with already developed agricultural plans and make opportunistic investments in existing ethanol facilities. VREC has partnered with Grupo Farias, a experienced Brazilian ethanol producer, in order to benefit from its operational expertise and ability to identify strategic opportunities, allowing VREC to promptly capture a share in its market.

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Green Tech America

Green Tech America, Inc. (GTA) is in the business of developing and commercializing an yeast-based cellulosic ethanol technology that was pioneered by Dr. Nancy Ho at Purdue University. Cellulosic biomass (corn cobs and stover, wheat and rice straws, wood, grasses, municipal paper wastes, etc) is renewable and abundantly available in the United States. The application of cellulosic ethanol to transportation will help solve the company's Nation's energy problems, strengthen the company's economy, save the company's environment, and have a beneficial impact on the company's society. GTA is dedicated to making the production of cellulosic ethanol a reality in this country. The goal of GTA is to establish a cutting-edge company that supports and collaborates with ethanol producers to make the production of cellulosic ethanol a highly profitable business. Based on the Cellulosic Ethanol Yeast Technology developed by Dr. Ho and her colleagues at Purdue University, GTA will optimize the technical details and establish a blueprint for cellulosic ethanol production. The "blueprint" will then be licensed to other ethanol producers throughout the US and around the world to establish franchises for cellulosic ethanol production.GTA will provide cells, enzymes, chemicals, project management and technical support to the cellulosic ethanol producers, particularly to the numerous newly established corn-ethanol farmer-owned plants. The goal is to transform such plants to produce both corn- and cellulosic-ethanol. However, GTA's main business at the present time is to help the Purdue researchers engineer the yeast to produce important industrial products that can be produced alone or co-produced during ethanol production. Most importantly, the resulting yeasts can efficiently produce these co-products during the production of ethanol using sugars from both grain and cellulosic biomass as feedstocks.The Saccharomyces co-production technology to be marketed by GTA will make both the current grain-to-ethanol and the emergent cellulosic ethanol process more cost effective and profitable. The first generation of co-products that GTA plans to produce are substances important for animal feed, for the detergent industry, for the paper and fabric industry, as well as others. In addition, GTA will also market high valued products and residues, such as yeast extracts, from the yeast cells. More importantly, GTA will generate a range of other products produced from renewable resources for sustainable growth. GTA will also provide the R&D as well as the technical consultants for all small corn- or cellulosic-ethanol producers.

B
Brazilian Renewable Energy Company

Brazilian Renewable Energy Company, Ltd., a renewable fuels company, engages in the production and distribution of ethanol fuel. It offers hydrated and dehydrated ethanol.

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Viridos

Viridos is dedicated to developing and commercializing genomic-driven solutions to address global energy and environmental challenges. The company's main research and business programs are focused on the following major bioenergy areas: designing advanced biofuels with superior properties compared to ethanol and biodiesel; harnessing photosynthetic organisms to produce value-added products directly from sunlight and carbon dioxide; developing new biological solutions to increase production and/or recovery rates of subsurface hydrocarbons and developing high-yielding, more disease resistant and economic feedstocks. It was founded in 2005 and is based in La Jolla, California.

U
U.S. Biomass

U.S. Biomass is a procurer and distributor of Miscanthus (Miscanthus x giganteus). Per the company, miscanthus, or "elephant grass", is a clean burning, high-value, environmentally friendly, renewable energy crop for utilization in combination with or replacing coal for power plants that generate heat and electricity. Miscanthus can also be processed into ethanol, to be blended with petrol fuels.

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