Propel lands $20 million for alternative fuels (San Jose)
Propel Inc., a retailer of clean, renewable fuels, said Wednesday it received $20 million in new funding.
The financing includes a $12 million Series C equity investment from firms that include Menlo Park-based @Ventures, San Francisco-based Nth Power and Los Angeles-based Craton Equity Partners.
The Sacramento company also received $8 million in debt financing.
Read the full reports in the Silicon Valley/San Jose Business Journal and the Sacramento Business Journal.
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