Finding new and profitable ways to recycle the trash it collects has guided the investment strategy of Waste Management, which recently put money into a startup that can turn some of the garbage into sugars for making plastic and other products. Read more »
A startup that makes sugar from plants that can be turned into biofuel and biochemicals has brought on German chemical giant BASF as an investor. Renmatix announced on Tuesday that it has raised a round of $50 million, including $30 million from BASF. Read more »
When an investor or entrepreneur makes high-risk bets on early stage companies, failure is always part of the equation. For Kleiner Perkin’s Bill Joy he says more of the early-stage greentech startups he invests in with fail early, but can turn into something more meaningful. Read more »
Kleiner Perkins has another biofuel and biochemical company up its sleeve. On Tuesday, a Kleiner-backed startup called Renmatix, which makes sugar from biomass that can be turned into biofuel and biochemicals, came out of stealth during an event in King of Prussia, Pennsylvania. Read more »
