GreenShift Corporation announced that it has received a grant award of $375,000 to further the development of GreenShift’s patented and patent-pending algae bioreactor. The funding is provided through the Montana Board of Research and Commercialization, a unit of the Montana Department of Commerce. The objective of the grant award is to demonstrate...
Solix Biofuels, a Fort Collins, Colo.-based alternative energy technology firm focused on algae-based intermediates for fuel and chemical production, today announced it has raised $10.5 million in its first round of outside funding, and has reached an agreement with investors for an additional commitment of $5 million, to be used to build an algae...
International Energy, Inc., a developer of leading-edge technologies for the renewable generation of photosynthetic biofuels, today announced that researchers have devised and instituted an important patent-pending technology capable of rapidly determining the accumulation of bio-oil and other high-value compounds in microalgae, an important advancement...