Diligence memo · auto-generated · as of July 2, 2026
Mascoma Corp
Mascoma Corp looks under-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Mascoma Corp operates in Other Energy, based in LEBANON.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Mascoma Corp has raised $72M in disclosed capital across 6 recorded rounds, aggregated from public filings. Its latest round is modeled as Series C (a $40M–$100M round).
Largest single filing: $50M on 2010-08-31.
Most recent recorded round closed around 2013-02-01.
Valuation (modeled)modeled
Provath models Mascoma Corp at approximately $25M (range $7.7M–$66M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.06× the median modeled value of Series C Other Energy companies in 2013–2015 (14 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 7 months.
Last raise 13.4 yr ago; this sector typically re-raises about every 12 months.
Silent for over 3× the sector's normal cadence.
The last round was 2.4× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 92% of Other Energy peers (2049 compared).
Modeled value ranks above 57% of those peers.
Closest niche peers: Sapphire Energy, Inc., Invenergy Miami Wind I Holdings LLC, Solaris Oilfield Infrastructure, LLC, Rose Rock Midstream, L.P., Sunnova Holdings, LLC.
Peoplefiled
14 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.