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Silicon Valley Legend Khosla Invests More In Biofuel Sector

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First Posted: 06-12-09 03:38 PM   |   Updated: 07-13-09 05:12 AM

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earth2tech.com:

Venture capitalist Vinod Khosla has made yet another bet in the struggling biofuels sector. Despite already having almost one-third of his portfolio companies in the space, his VC firm has invested an undisclosed amount in HCL CleanTech, a new startup in the cellulosic biofuels industry. Tel Aviv, Israel-based HCL, founded by two Israeli industrial chemical scientists, said the funding will be used to continue R&D and to build a pilot plant at an undisclosed location in the U.S. to be completed in 2010.

Read the whole story: earth2tech.com

Venture capitalist Vinod Khosla has made yet another bet in the struggling biofuels sector. Despite already having almost one-third of his portfolio companies in the space, his VC firm has invested an...
Venture capitalist Vinod Khosla has made yet another bet in the struggling biofuels sector. Despite already having almost one-third of his portfolio companies in the space, his VC firm has invested an...
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