Cellulosic Ethanol Company Changes Name

Cindy Zimmerman

There is something new under the sun.

Massachusettes-based SunEthanol has changed its name to Qteros, after its Q microbe technology, which may be a key to commercializing cellulosic ethanol.

The company has raised $25 million from a diverse group of investors in a Series B round of financing. Among the investors are British Petroleum (BP) and a management group led by billionaire George Soros.

Cellulosic, Ethanol, News