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.