Thursday, May 19, 2011

Kior Gets $55M In Series C

Pasadena, Texas-based Kior, which is developing renewable fuels technology, has scored $55M in a Series C round, according to an updated S-1 from the company. The firm is currently in IPO registration. Kior is venture backed by Khosla Ventures, Artis Capital Management, and others. Kior filed for its IPO in April. KIOR's renewable fuels technology converts biomass into oil. More information »