Solazyme wins big with $57M for renewable oil
Solazyme, producer of renewable oil derived from algae, just raised $57 million in third-round funding to bring its total capital to more than $76 million. In addition to producing so-called green fuels, the San Bruno, Calif., company is expanding its eco-friendly chemicals business — an… Continue Reading
SequesCO combines CO2 sequestration with biofuel production
Sequesco joins a growing list of startups that are using synthetic biology to custom-produce advanced biofuels. But unlike competitors LS9 and Amyris, which are engineering microbes to make hydrocarbon-based fuels from various plant biomass sources, it uses waste carbon dioxide as its primary feedstock.
The idea… Continue Reading
Algal fuel maker Aurora Biofuels takes on $20M
Aurora Biofuels, an Alameda, Calif. startup with plans to produce algal biofuels, has raised a substantial second round of funding to speed development.
Like most of the other algae companies that have publicly announced their plans, Aurora intends to use its oily charges to produce biodiesel,… Continue Reading
LiveFuels raises $10M to turn algae into alternative fuel
LiveFuels, a Menlo Park, Calif. company seeking to turn algae into an alternative fuel, has raised a $10 million round of capital.
The investor was David Gelbaum at the Quercus Trust, which has previously backed environmental organizations such as the Sierra Club and the Wildlands Conservancy…. Continue Reading