Green Biologics joins race to develop alternative transport fuel, raises $3.2M
Green Biologics, an Oxfordshire, UK company using biotechnology to produce a butanol-based fuel for transportation, has raised £1.58 million (about $3.2 million) in funding.
The company faces a number of competitors seeking to make alternative transport fuel from manufactured biofuels. Many of them are science projects, and are a year or two away from hitting the market. They include Amyris, Gevo, Synthetic Genomics and LS9 (see our coverage )
Investors in Green Biologics are Carbon Trust Investments… Continue Reading