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Rob Day | February 23, 2006 at 9:22 PM

ORYXE raises Series C to $27M

In a round that has been open for some time (or at least was re-opened), ORYXE announced today that their Series C has been increased to $27M with the addition of funding from Paladin Capital Group.  ORYXE’s fuel additive technology helps users of diesel fuel meet increasingly stringent emissions standards, and is already being offered in Texas.

Existing investors include Ridgewood Capital, Odyssey Venture Partners, and DSM Venturing.

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Rob Day is a Boston-based cleantech venture capital investor and entrepreneur, and is also the President of the Renewable Energy Business Network (REBN). The views expressed on this blog are those of Rob and his friends and colleagues, not necessarily the views of REBN or Greentech Media or any other group. Contact Rob Day at: (JavaScript must be enabled to view this email address)

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