. for other uses see mascoma . mascoma corporation mascoma llc type private company industry biofuels cellulosic ethanol founded 2005 headquarters lebanon new hampshire key people founders robert johnsen lee lynd and charles wyman number of employees 40 website www.mascoma.com mascoma corporation was a u.s. biofuel company founded to produce cellulosic ethanol made from wood and switchgrass . 1 headquartered in lebanon new hampshire the company was founded in 2005 by robert johnsen ceo lee lynd and charles wyman two professors from dartmouth college . 2 the company was named after mascoma lake which is near lebanon . in november 2014 the yeast related business assets including the mascoma name were purchased by lallemand inc. of montreal canada . the r & d facility in lebanon nh was renamed mascoma llc which is now a subsidiary of lallemand . the remaining business assets of the former mascoma corp. including the thermophilic bacteria technology pilot plant in rome ny and former headquarters in waltham ma were renamed enchi corporation . contents 1 start up 2 partnerships 3 facilities 4 technological breakthrough 5 technology commercialization and partnership with lallemand 6 acquisition by lallemand 7 new yeast for cellulosic ethanol 8 references 9 external links start up edit the company was first financed by flagship ventures and khosla ventures in 2006 . 3 also in 2006 the company raised attracted additional attention with two private financing rounds led by general catalyst partners that raised 34 million and through its acquisition of celsys biofuels inc. of indianapolis . 2 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 biomass to ethanol process . 4 partnerships edit in september 2007 mascoma announced plans to partner with the university of tennessee to build the first u.s. plant for the commercial production of switchgrass based ethanol . in june 2008 however the projected plant failed to meet its anticipated funding levels and mascoma withdrew from the partnership . instead it took on the role as technical adviser . 5 in may 2008 the company entered a partnership with general motors to develop cellulosic ethanol based on mascoma s formula that enables the biochemical conversion of nongrain biomass into low carbon biofuel . 6 in the same month mascoma received a 10 million investment from the houston based oil and gas company marathon oil . 7 in october 2008 the u.s. department of energy gave the company a 26 million grant to develop a cellulosic fuel production facility . 8 in the same month the state government of michigan gave the company a 23.5 million grant to bring that proposed facility to chippewa county michigan . 8 facilities edit on april 14 2009 mascoma corp. announced plans to move its corporate headquarters from boston to a new research laboratory in new hampshire . the move would consolidate most of mascoma s operations which until now have been divided among boston ; a demonstration facility in rome new york ; a process and development laboratory in woburn massachusetts ; and a lab in lebanon new hampshire where many of the company s employees already are based . researchers in lebanon are working to convert plant material such as wood chips and corn stover into biofuel . technological breakthrough edit on may 7 2009 the company announced a major technological breakthrough in the field of consolidated bioprocessing by utilizing a low cost strategy for processing of biofuels from cellulosic biomass which enables high yield of ethanol and cellulase in single step without the costly separate usage of the cellulase enzyme . 9 other biofuel companies such as gate fuels 10 qteros 11 also claim to have developed a one step process to produce ethanol or value added chemicals from plant material . technology commercialization and partnership with lallemand edit on january 11 2012 the company announced that it was launching mascoma grain technology or mgt the first commercial application of the company s proprietary technology platform . the mgt product is a genetically modified yeast which produces enzymes and improves ethanol production in the corn based fuel ethanol production process . at that time the company announced that it had entered into a multi year exclusive partnership with lallemand specialties inc. to manufacture and distribute the mgt product in north america . on september 24 2013 mascoma corporation announced that its mgt yeast products transferm and transferm yield had been used to produce over 2 billion gallons of renewable fuel . at that time the company announced its updated commercial strategy focusing on deployment of its microorganisms to a broad spectrum of biofuel and biochemical applications . acquisition by lallemand edit on november 4 2014 mascoma corporation announced that it had completed the sale of its yeast business to lallemand inc. as part of the transaction lallemand acquired the mascoma name and trademarks all of its proprietary and patented yeast strains and associated technologies as well as its entire research and development team located at its facility in lebanon nh . new yeast for cellulosic ethanol edit on june 3 2015 mascoma llc and the u.s. u.s. department of energy s bioenergy science center announced development of a new strain of yeast developed by mascoma and besc for cellulosic ethanol production . the product named c5 fuel is a yeast capable of converting xylose into ethanol . xylose is a sugar found in cellulosic biomass that can not be fermented by conventional ethanol fermenting yeast . references edit cellulosic ethanol in search of the perfect match red herring march 5 2008 a b mascoma buys hoosier biofuels startup mass high tech the journal of new england technology november 7 2007 company press release july 19 2006 mascoma awarded ny state contract to build and operate cellulosic ethanol demonstration facility space daily january 7 2007 library card access required mascoma to play smaller role in pilot project greentech media june 24 2008 the road ahead for ffvs ethanol producer magazine december 2008 more money for mascoma greentech media may 6 2008 a b doe michigan give 49.5 m to mascoma corp. for cellulosic fuel facility environmental protection news october 15 2008 mascoma announces major cellulosic biofuel technology breakthrough http www.gatefuels.com http www.qteros.com news articles 220 external links edit mascoma corporation from a strange brew cheaper fuel boston globe november 2 2008 retrieved from https en.wikipedia.org w index.php title mascoma corporation & oldid 734971649 categories alcohol fuel producerscompanies established in 2005 navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 17 august 2016 at 21 37 . text is available under the creative commons attribution sharealike license ; 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