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Seattle Biodiesel set to expand with $7.5 million in venture capital financing from Nth Power, Technology Partners and Microsoft co-founder Paul Allen’s Vulcan Capital.

January 16, 2006 /

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Martin Tobias drives to work each day in a 2005 Volkswagen Beetle — one that’s entirely powered by soybean oil.

The chief executive of Seattle Biodiesel http://www.seattlebiodiesel.com/ hopes thousands of others will soon follow his lead.

To help achieve that goal, Tobias recently attracted $7.5 million in venture capital financing from Nth Power, Technology Partners and Microsoft co-founder Paul Allen’s Vulcan Capital.

By JOHN COOK
SEATTLE POST-INTELLIGENCER REPORTER

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