With R&D facilities in North Carolina but also resident in the ATI-Clean Energy Incubator at the University of Texas Austin, Dorsan was focused on using proprietary technology to create fungal-based biocatalysts that can convert non-food biomass and waste streams into diesel fuel and a variety of food and fragrance products.Dorsan Biofuels, Inc. is an early-stage biofuel company with a proprietary technology for utilizing non-food feedstock to produce hydrocarbon-based diesel fuels that are compatible with the existing petroleum infrastructure and can be used in todays engines. Dorsan Biofuels was an early-stage biotech company with a proprietary technology for creating fungal biocatalysts capable of producing advanced biofuels and chemicals from agricultural, municipal and industrial waste materials. Dorsan Biofuels raised enough angel money and SBIR funding from the US DOD to perform the research required to secure the IP and successfully completed a sale of those assets to Novozymes A/S, a large multinational producer of high-value chemicals, in December 2011.