Biochemical and biofuel companies can no longer rest assured that they can raise money going public. Genomatica has ditched its plans for an IPO, and opted to raise private funding. Solix Biofuels has also raised a new round of private funding. Read more »
Alan Salzman, co-founder of VantagePoint Capital Partners, has two words of advice for investors trying to make money on their cleantech investments in a difficult year: be patient and embrace the enemy. Read more »
Biofuel and biochemical companies continue to file to go public. But the reality is that the stocks of most of the publicly-traded biochemical and biofuel companies have suffered this year. Here’s the latest on the biofuel firms’ earnings from last week and stock prices. Read more »
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 »
Turning renewable materials such as plants into useful chemicals seems a great idea, particularly when these green chemicals can replace compounds made from crude oil and natural gas. Genomatica, which filed for an initial public offering on Wednesday, certainly hopes investors will agree. Read more »
Green chemical developer Genomatica has filed for an initial public offering to seek up to $100 million, according to its government filing on Wednesday. The company engineers processes to create chemical from renewable sources for making a variety of products, from clothing to auto parts. Read more »
Waste to fuel startup Enerkem already had trash king Waste Management on its side — now Enerkem has scored backing from oil refiner giant Valero. Enerkem announced it has raised $60 million from Valero, along with existing investors like Waste Management and Braemar Energy Ventures. Read more »
We like trash technology — tech that can turn trash into something useful — and clearly garbage giant Waste Management does, too. The serial corporate investor just added another one to its portfolio: Agnion Energy out of Germany. Read more »
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 »
Trash king Waste Management has joined a $22 million investment in startup Agilyx, which has technology to turn plastic otherwise headed for the landfill into a synthetic crude oil. The garbage and recycling company has one of the more interesting investing strategies out there. Read more »
Recycling is a tried-and-true form of energy efficiency, so it’s no surprise greentech investors such as Al Gore would find the concept appealing. For Harvest Power, that means a $51.7 million round to build facilities to turn organic waste into fertilizer and energy. Read more »
Less than a month after announcing a joint development agreement with Waste Management, green chemistry developer Genomatica announced Tuesday that it has raised $45 million from the trash king and other investors. Read more »
We already know of companies that want to turn garbage into transportation fuels. Now comes Genomatica, which announced Wednesday a technology development agreement with Waste Management to turn trash into chemical additives for markets beyond fuel. Read more »
There are ways to make greener plastic besides making it from corn. On Tuesday, IBM’s Almaden Research Center and Stanford University announced a new line of organic catalysts that they say could revolutionize the green plastics industry by giving it a set of tools to build […] Read more »
Recently, I’ve been pondering the role that lists play in my life — from Twitter’s “playlists of people“ to Umberto Eco’s thoughts on lists as a cultural tool for “facing infinity” to my own ideas about the use of “someday list” for lingering tasks — which should […] Read more »
While there is funding available for U.S. cellulosic ethanol companies in the form of grants or loan guarantees from the departments of both Energy and Agriculture, these days, it doesn’t come close to matching demand. And without help from the federal government, some projects may never […] Read more »
Green chemistry startup Genomatica said this morning it has successfully produced a commonly used chemical in plastics and rubber products using sugar instead of petroleum. The chemical is called “1,4‐butanediol,” or BDO for short. Genomatica uses an engineered microorganism to convert sugar into BDO to produce […] Read more »
Thursday will mark a red-letter day for Apple: For the first time its stock will rise above $100 a share, a tenfold increase in a little more than three years. Think about that: If Google had risen that much since its IPO, it would be trading […] Read more »
CMP Media’s TechWeb Network has announced the results of the voting for the first annual Best Independent Tech Blog Readers Choice Awards. I am very pleased to announce that in addition to being named a top ten finalist jkOnTheRun achieved 6th place in the overall voting. […] Read more »