Thursday, October 12, 2006

Cleaner Fuels Gets Venture Capital Backing

Amyris Biotechnologies is working on having microbes produce a molecule similar to ethanol. The company has received $20 million in venture capital funding from a group of VCs, including Khosla Ventures, which is headed by Sun Microsystems founder Vinod Khosla; Kleiner Perkins Caufield & Byers; and the venture arm of the private equity firm Texas Pacific Group.

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