Monday, July 26, 2010

Kior Ups Funding To $110M

Houston-based Kior, a biofuels firm developing catalytic processes for converting biomass to high quality bio-crude, has upped its venture funding to $110M in funding, according to a regulatory filing from the firm this week. Details on the funding have not been announced by the company. Kior is venture backed by Khosla Ventures, and was founded in 2007. The firm is headed by Fred Cannon, and includes the involvement of Khosla's Samir Kaul. More information »