Biofuels start-up nabs $5 million in funding

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Biofuels start-up nabs $5 million in funding

LS9 wants to make fake fuel out of synthetic plants to run real cars.
By Michael Kanellos, CNET News.com

March 13, 2007

LS9, a high-tech fuel company that's all about imitating nature, has received $5 million in funding, as the search to derive alternatives to fossil fuels through plants and microbes gains momentum.

The company hopes to make what it calls "renewable petroleum," a synthetic version of petroleum and other oil-based industrial products.

Some start-ups, such as Solazyme and LiveFuels, have announced plans to produce synthetic petroleum from algae. By contrast, LS9 said it will brew petroleum through synthetic biology, laboratory and industrial processes that can perform the same function as algae or microbes.

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