LS9 takes $3M loan for biofuel plant equipment

March 15, 2008 | Chris Morrison
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LS9, a synthetic biology startup that’s modifying microbes to churn out biofuels, has taken on a $3 million loan toward the construction of a pilot production plant, according to VentureWire.

The loan was provided by Leader Ventures. LS9 has also taken about $20 million to date in two rounds of venture capital.

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