Come take a look at the first phase of Sapphire Energy’s algae farm in New Mexico. When eventually built out it will produce 100 barrels of algae biofuel a day, and currently the five-year-old startup is making algae fuel on ponds across about 100 acres. Read more »
Algae biofuel is getting a massive infusion of money. Startup Sapphire Energy, which uses synthetic biology to make a green crude out of algae, announced on Monday that it’s raising $144 million in a Series C round from investors including agriculture company Monsanto. Read more »
Agriculture and genetics giant Monsanto has made its bet on algae. On Tuesday, Monsanto announced that it has made an equity investment in, and developed a partnership with, algae startup Sapphire Energy. Sapphire Energy uses synthetic biology to make a green crude out of algae. Read more »
