| Founded | 2006 |
|---|---|
| Closed | 2011 |
| Country | USA |
| Sector | Climate |
| Total raised | $162M DOE loan + $76M grant + $60M private |
| Collapse type | Silent Shutdown |
| Founder | Mitch Mandich |
Range Fuels
"Khosla Ventures' cellulosic ethanol company that received a $162M DOE loan — built a Georgia plant, never reached commercial scale, and was sold for parts when the loan defaulted"
Quiet closure with no public announcement
Key Events Timeline
Range Fuels was founded in 2006 and backed by Khosla Ventures with a claimed breakthrough two-step thermochemical process to convert biomass (wood chips and other cellulosic material) into ethanol and methanol without enzymes.
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