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Exclusive: Terragia raises $6M for next-gen biofuels

Illustration of a dollar sign being formed by jet streams.

Illustration: Maura Losch/Axios

Startup Terragia Biofuel has closed a $6 million seed round to start producing ethanol from waste biomass, a process that could be key to making sustainable aviation fuel.

Why it matters: The aviation sector is looking for more sustainable aviation fuel as it seeks more cost-effective and renewable resources.

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