Funds accelerate development of advanced biofuel production

Blume Distillation (BD), a provider of appropriate-scale bioethanol production equipment, has closed a $2.2 million (€1.6 million) financing round, including angel and impact investor backing.

The funds are being used to accelerate the assembly of BD’s prototype bioethanol production system.  It is focused on developing and acquiring intellectual property in the areas of mechanical and biological systems, processes, and co-products.

‘For communities all over the world, the need for locally produced, clean and low cost fuel is life-critical,’ says David Blume, founder of BD. ‘Our advanced distillation technology will produce renewable alcohol fuel that is 98% pollution free and, because of modular designs, allow our customers the flexibility to produce fuel from a diverse range of available, sugar and carbohydrate-rich fuel feedstocks.’