Vertimass launches Series C investment round

In California, Vertimass has launched a Series C investment opportunity with the goal of establishing a commercialization platform for its breakthrough biofuel technology. In a 506(c) private placement, the minimum investment is $100,000 and is only open to accredited investors. Series C investors will become entitled to an annual, accruable, non-compounded 8% preferred return, although not guaranteed.

Series C proceeds will be used to provide working capital for the Company to establish the commercialization platform, including completing scale-up with Technip Energies; qualifying gasoline and sustainable aviation fuels; identifying, designing, and building the first stand-alone plant; and expanding the laboratory and library of intellectual property.