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March 17, 2009 – 10:42 am | One Comment

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Home » Business News/Analysis, Funding/Financing, Indiana, R & D Focus, University/College Programs, Yeast

Indianapolis-Based Xylogenics Licenses Yeast Strain to Ethanol Producer

Submitted by on August 30, 2010 – 2:36 pmNo Comment

(Indianapolis Business Journal)  Indianapolis-based bioengineering firm Xylogenics Inc. has licensed its proprietary yeast strain to a Milwaukee firm that is a supplier to the fuel-ethanol industry. It is the first such licensing agreement for Xylogenics.

Lallemand Ethanol Technology will use Xylogenics’ yeast strain, which is notable in its potential to produce ethanol from cheap, abundant plant matter, such as grasses and the leftover portion of a corn stalk.

…The eight-employee Xlyogenics is based at the Indiana University Emerging Technology Center along the Central Canal. It was funded by $150,000 from IU faculty and from the Lugar Center for Renewable Energy. Earlier this year, it lassoed $225,000 from angel investors affiliated with the University of Notre Dame.

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