Biochemical developer Aurora Algae raises $22M

Aurora Algae, a developer of biofuels and biochemicals produced from processed algae, announced today that it has raised $22 million in its most recent round of funding.

The company is part of a small set of funded biologically-produced chemical companies …

Biofuel investing falls as sector matures

Investing in biofuel companies that produce oil-alternatives fell 5.4 percent to $930 million in 2010, down from $980 invested in alternative fuel companies in 2009, according to a report from cleantech analysis firm Lux Research.

While investing in alternative fuels …

Trash-to-fuel company Enerkem raises another $30M

Enerkem, a company that specializes in converting unusable waste into ethanol and other chemicals, announced today that it has raised $30 million in an extension of its most recent funding round.

Enerkem converts household garbage and leftover debris from demolition …

Kleiner Perkins leads slower Q2 cleantech investing

Investments in clean technology projects fell 10 percent in the second quarter this year to $1.83 billion when compared to $2.03 billion in the second quarter of 2010, according to research firm Cleantech Group.

Kleiner Perkins Caufield & Byers led …

Biofuel producer KiOR sets IPO price at $15

Biofuel producer KiOR has priced its initial public offering at $15 per share, down from $19 to $21 that the company originally announced on Wednesday.

A lot of media and Web 2.0 companies filing to go public, such as LinkedIn …

Condoleezza Rice joins the board of biofuel maker KiOR

Former Secretary of State Condoleezza Rice announced on Wednesday that she will join the board of directors of biofuels producer KiOR beginning July 2011.

Rice has some experience dealing with petroleum companies and biofuel companies, having served on the board …

Enerkem's trash-to-fuel talents bring in $60M

Oil and petrochemical giant Valero and existing investors have just dropped $60 million on Enerkem, a company that specializes in converting unusable waste into ethanol and other chemicals.

The company says it can convert household garbage, leftover debris from demolition …

Genomatica raises $45M for renewable chemicals

Renewable chemicals company Genomatica has raised $45 million for a demonstration-scale production and early commercialization plans for a green version of butanediol (BDO), a chemical used in spandex, automotive plastics and running shoes.

“It’s all about making the same chemicals …