SolaZyme Gains $57M
South San Francisco-based Solazyme, which is developing biotechnology to produce fuel using algae, said Monday that the firm has raised $57M in a Series C funding round. The financing came from Braemar Energy Ventures, Lightspeed Venture Partners, The Roda Group, Harris & Harris, and VantagePoint Venture Partners, along with unnamed, strategic investors. The firm said the funding was led by Braemer and Lightspeed, and brings its total raised to $76M.
posted on Monday, June 8, 2009 (Link to more information)
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