Cleantech Start-up LS9 Inks $30 Million Round

South San Francisco, Calif.-based LS9 has raised $30 million in a round of financing led by Blackrock. Existing shareholders Flagship Ventures, Khosla Ventures, Lightspeed Venture Partners and CTTV Investments (the venture capital arm of Chevron Technology Ventures) also participated. The new financing will be used to help LS9 ready its products for commercialization. LS9’s technology is designed to convert plant-based materials into fuel and chemical products. The company was formed in 2005.

21 December 2010•3 mins read
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