Mascoma Corporation

Mascoma Corporation is a U.S. biofuel company that produces cellulosic ethanol made from wood and switchgrass. Headquartered in Lebanon, New Hampshire, the company was founded in 2005 by Lee Lynd and Charles Wyman, two professors from Dartmouth College. The company's founders have continued to work with Dartmouth’s Thayer School of Engineering on its research into ethanol engineering. The company is named after Mascoma Lake, which is near Lebanon... More

Mascoma Corporation is a U.S. biofuel company that produces cellulosic ethanol made from wood and switchgrass. Headquartered in Lebanon, New Hampshire, the company was founded in 2005 by Lee Lynd and Charles Wyman, two professors from Dartmouth College. The company's founders have continued to work with Dartmouth’s Thayer School of Engineering on its research into ethanol engineering. The company is named after Mascoma Lake, which is near Lebanon. The company was first financed by Flagship Ventures and Khosla Ventures in 2006. In 2007, the company raised attracted additional attention with private financing rounds that raised $34 million and through its acquisition of Celsys BioFuels Inc. of Indianapolis. Also in 2007, it received a US$14.8 million grant from two government agencies—the New York State Department of Agriculture and Markets and the New York State Energy Research and Development Authority—for the creation of a plant in Rochester, New York, that would demonstrate the...

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