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Spurned by VCs, waste conversion startup goes public

Boston Business Journal - March 16, 2007 by Lisa van der Pool Journal Staff

Startup Converted Organics Inc. has taken the processes behind backyard composting and mimicked them on a vastly larger scale to create a cutting-edge business.

And the Boston-based company took an unusual route to raise the capital it needed to launch its pilot waste-converting plant -- after being rebuffed by venture capitalists, the company filed for an IPO.

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