Low-cost cellulosic sugar maker announces $100 million in financing; name change from HCL CleanTech, support from Mississippi. The race for leadership in low-cost sugars heats up.

In California, Virdia, formerly HCL CleanTech, a leading developer of cellulosic sugars, today announced major company milestones, including a new brand and CEO, its latest funding round, and a $75 million deal with the Mississippi Development Authority to build manufacturing plants in the state.