Next-gen biofuel and biochemical companies Genomatica and Mascoma have filed notices recently indicating that they plan to go public some time soon. But how are the other next-gen biofuel companies that have gone public in recent months now faring on the stock market? Mostly down. Read More »
Cleantech
Biofuel and biochemical startup Verdezyne lands investment from British oil giant BP and Dutch biochemicals company DSM — yet another biotech startup teaming up with big boys to bring green fuels and chemicals to bigger scale. Read More »
Amyris has opened its first industrial scale facility to turn sugarcane syrup into Biofene, a form of the industrial chemical farnesene, which is a fragrant hydrocarbon that’s used to make cosmetics and lubricants. It’s a big step, though not quite yet to commercial-scale biofuel production. Read More »
The CEO of biocatalyst company Codexis — Alan Shaw — has a message for the U.S. government and more specifically the Department of Energy: Don’t act like a venture capitalist. Shaw thinks the best endorsement is if a real company has endorsed a technology. Read More »
Biofuel startup Gevo has lowered its upcoming IPO to $13 to $15 per share. That’s about $100 million, or $89 million after fees, less than the $150 million it targeted in August, but close to what analysts have predicted. Read More »
Grab your biofuel startups fast, Lux Research says — the field of contenders with game-changing technologies for turning non-food feedstocks into useful hydrocarbons is getting sparser by the minute. The report sees Big Oil and consumer products conglomerates quickly winnowing the field of the best technologies. Read More »
Joule Unlimited, a startup that promises to genetically engineer an organism that eats CO2 and produces a drop-in diesel fuel, has landed a patent on its “recombinant biosynthesis” technology. Read More »
Aurora Biofuels announced Monday that it has changed its name to Aurora Algae, in hopes of finding commercial markets today in turning algae into nutrients and protein products. It’s not exactly a vote of confidence for the idea of turning algae into biofuel. Read More »
Dutch oil giant Shell and Brazilian ethanol giant Cosan sealed the deal Wednesday on a $12 billion joint venture to turn sugarcane into pump-ready fuel. How will the massive partnership affect Codexis, Shell’s biocatalyst partner and recent entrant to the public markets? Read More »
Codexis, a Redwood City, Calif.-based developer of evolved biocatalysts for drug and biofuel production debuted on the Nasdaq this morning at the low end of its proposed price range: just $13 per share for a raise of $78 million. Read More »
Clean technology investment has kept up its recession-beating pace so far this year. Will the front-running startups in the field find an exit? The cleantech sector shows continuing momentum — and that’s just what longtime VC investors need. Read More »
The EPA has awarded $2.38 million under the Small Business Innovative Research program, including four awards (under the biofuels and vehicle emissions category) for R&D firms working on tech related to biofuels. Read More »