Viridos raises $25M in Series A for algae-based jet and diesel fuel
Green Car Congress
MARCH 14, 2023
Viridos (founded as Synthetic Genomics (SGI) in 2005) ( earlier post ) has raised a $25-million Series A equity investment. The funding will be used for R&D to further increase algae oil productivity to reach commercially deployable levels. SAF and RD made from Viridos algae oil are expected to have a 70% reduced carbon footprint.
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