If you ever wondered what happened to the algae fuel work between Synthetic Genomics and Exxon — it was scaled back and now is focused on long term research instead of commercialization. Read more »
Through his startup Synthetic Genomics, Craig Venter and his team have reached a milestone: they’ve engineered their first algae strain that includes a portion of synthetic DNA. And it’s bright yellow. Read more »
Algae fuel startup Sapphire Energy is in the process of raising $144 million to build out its first commercial demonstration plant in New Mexico. It’s impressive, but it’s also about three years behind its original projections. Why does algae fuel take so long to scale? Read more »
Genomics guru Craig Venter and his startup Synthetic Genomics might be hitting some hurdles with their partnership with Exxon, but on Monday the company announced that it will create a joint venture with Mexican investing group Plenus to use genomics to create more sustainable crop production. Read more »
Apple’s $1 billion data center in North Carolina made headlines when the project was revealed in May 2009. New reports indicate that the facility is set to open “any day now,” according to local officials, and could possibly double its current 500,000 square foot size. Read more »
Hulu is not the only online video company with IPO ambitions; according to Reuters, white-label video distribution firm Brightcove is also preparing for a public offering in early 2011, and it has brought on Christopher Menard as its new CFO to usher it through the process. 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 »
Investors are still pumping money into algae fuel, despite the lack of commercial availability of the green gas. This morning seven-year-old Solazyme announced that it has raised $52 million in a Series D financing from investors including Chevron Technology Ventures. Read more »
The billion-dollar balance sheet of Exxon and the brain of genomics guru Craig Venter have led to one of algae fuel’s biggest market breakthroughs. Now Exxon and Venter’s Synthetic Genomics have opened their first greenhouse test facility. Read more »
The father of genomics and the founder of synthetic biology startup Synthetic Genomics, Craig Venter, is now officially god. Well, he and a team of researchers at the J Craig Venter institute have successfully created the first synthetic bacterial cell. Read more »
As Synthetic Genomics founder and geneticist guru Craig Venter said recently, if biofuel companies don’t generate billions of gallons of fuel then they’re just playing and wasting investors money (he said that specifically about algae fuel). And so the race continues for next-gen biofuel players struggling […] Read more »
Craig Venter, considered to be the father of genomics and the founder of synthetic biology startup Synthetic Genomics, said there’s a fundamental problem with algae fuel at the Wall Street Journal’s Eco:nomics conference on Thursday: in his view if algae fuel companies can’t generate billions of […] Read more »
Judging from the flurry of venture-capital deals, big oil company investments, and attention from politicians on startups creating biofuels from algae, it might seem like the world has fallen in love with the technology to power vehicles with pond scum. But after all of the algae […] Read more »
In the rush to grow energy crops for producing alternative fuels, jatropha has often been heralded as the most promising because it can be grown on marginal land. But so far jatropha hasn’t lived up to the hype — requiring too much water and producing too […] Read more »
In the world of big oil balance sheets, Exxon’s decision to invest $600 million into an algae fuel deal with startup Synthetic Genomics is kind of like oil finally agreeing to take algae out on a date. While it’s definitely a first step in a relationship, […] Read more »
Exxon isn’t the only big oil firm that’s placing a significant bet on algae fuel. Today BP announced a new joint development agreement with Martek Biosciences to work on making microbial oils for biofuels, with an initial investment of up to $10 million. Martek has been […] Read more »
The idea of using algae to produce fuel for vehicles has been the blockbuster topic of the summer. Major deals have recently been done by heavyweights like Exxon, and Synthetic Genomics, Sapphire Energy and Bill Gates’ Cascade Investments, and more funding is in the pipeline from […] Read more »
Last year, genomics pioneer Craig Venter said if oil companies didn’t want to invest in his biofuels technology, then no problem: He would happily develop a solution without them. Looks like that won’t be necessary — ExxonMobil has just announced that it will invest more than […] Read more »
Craig Venter’s startup Synthetic Genomics has reportedly raised RM28.2 million, or $8 million, from Malaysian conglomerate Genting Group, which bought a million shares of the company. Read more »
We figured the hardcore backyard hobbyists would be the ones most impressed with the DIY ethanol technology coming out of startups like E-Fuel Corp., which plans to sell a washer-and-dryer-sized home ethanol system for around $10,000. But will we one day all be home ethanol brewers? […] Read more »
Craig Venter’s Synthetic Genomics, a startup that is looking to do no less than overthrow the petrol industry and create an artificial life form, is in the process of raising another round of funding in the “$100 million to $200 million range,” the company’s Chief Financial […] Read more »
I hope Samantha forgives me, but like Sammy before her, she’s about to get replaced. I just pulled the trigger on a Samsung Q1 Ultra Premium which I hope to have within a week’s time. Why did I make this change after using a 900 MHz […] Read more »
Our weekly wrap-up of stuff you need to read, or bookmark for future reference. This week we’ve got stabs at various aspects of leadership — and in two cases, examples of what not to do. Several others come out of an email blast we got from […] Read more »
I am happy to find that the EVDO from Verizon is all lit up and nicely stepping along for me everywhere I’ve been this afternoon so far. This isn’t the fastest speeds I’ve gotten today but it pretty representative of the afternoon so far: It’s been […] Read more »
Now that The ‘Burg crew has successfully navigated this past summer’s Motorola-sponsored scavenger hunt — a series of shorts entitled The Secret — I am seriously missing my hipster fix. Creators Kathleen Grace and Thom Woodley are currently working on a new series for Vuguru through […] Read more »
As the company has with its Dashboard widgets page on Apple.com, Apple introduced a new directory for Web applications compatible with the iPhone and iPod Touch, announced through the company’s Hot News page (deemed by many to be Apple’s quasi-blog). As anticipated by AppleInsider and others, […] Read more »
BitTorrent Surpasses eDonkey for P2P Supremacy. New study shows P2P traffic accounts for 50 to 90 percent of all Internet traffic. BitTorrent leads P2P pack with 50 to 75 percent of that P2P traffic. (ipoque) Thomson SA Acquires SyncCast Corp; company hopes acquisition of the online […] Read more »
There has been lot of mud slinging going on in Lafayette, Lousiana. The city plan to build its own fiber to the home network came under PR attacks from local cable company, Cox and phone operator, BellSouth. Tt seems that the City-Parish Council will make a […] Read more »
The Perfect VC: Operator or Investor? asks Bill Burnham, a general partner at Softbank. I have known Bill for a long time, and this is something he has often wondered about along. In our conversations, he often wistfully questioned the conventional wisdom: “Conventional wisdom has long […] Read more »