AltraBiofuels raises $165.5M in financing for ethanol

AltraBiofuels, a Los Angeles producer of renewable biofuels, said it has raised $165.5 million of additional debt financing to built two ethanol production facilities.

Here’s the statement.

Altra previously raised more than $300 million in equity and debt from Advanced Equities Investment, DAG Ventures, Khosla Ventures and Kleiner Perkins.

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Matt Marshall is editor and CEO of VentureBeat. Follow him on Twitter at @mmarshall, and follow VentureBeat on Twitter at @venturebeat.