LS9 Overview
LS9, Inc., the Renewable Petroleum Company, is a privately-held biotechnology company pursuing industrial applications of synthetic biology to produce proprietary biofuels. LS9's products, currently under development, are designed to closely resemble petroleum derived fuels, but be renewable, clean, domestically produced, and cost competitive. In addition to biofuels, LS9 will also develop...More»
LS9, Inc., the Renewable Petroleum Company, is a privately-held biotechnology company pursuing industrial applications of synthetic biology to produce proprietary biofuels. LS9's products, currently under development, are designed to closely resemble petroleum derived fuels, but be renewable, clean, domestically produced, and cost competitive. In addition to biofuels, LS9 will also develop industrial biochemicals for specialty applications. Based on an enabling technology portfolio, LS9 was founded in 2005 by two well established venture capital firms, Flagship Ventures and Khosla Ventures, along with two leading scientists, Chris Somerville, Director of the Carnegie Institution and Professor of Plant Biology at Stanford University, and George Church, Director of the MIT-Harvard US-Dept. of Energy GTL Center and Professor of Genetics at Harvard.«Less
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Management
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Funding
| Date | Type | Capital Amount | Post-Money Valuation | Investors |
|---|---|---|---|---|
| 10/09/2007 | Series A | 15M | Unknown | |
| 09/2009 | Series B | 25M | Unknown | |
| 12/2010 | Other | 30M | Unknown |
Products
| Name: | UltraClean Fuels |
| Product URL: | http://www.ls9.com/products/index.html |
| Description: | LS9 UltraClean™ products are a family of fuels produced by LS9 DesignerMicrobes™ created through the power of synthetic biology. Starting from low-carbon, natural sources of sugar such as sugar cane and cellulosic biomass, these renewable fuels will fundamentally change the transportation fuels landscape and set the stage for petroleum displacement. LS9 UltraClean™ fuels have higher energetic content than ethanol or butanol and have fuel properties that are essentially indistinguishable from those of gasoline, diesel, and jet fuel. LS9's technology provides a means to genetically control the structure and function of its fuels, enabling a product portfolio that meets the diverse demands of the petroleum economy. LS9 UltraClean™ fuels overcome a number of key challenges associated with first-generation biofuels, including infrastructure compatibility, product diversity, product economics, and quality consistency. LS9 UltraClean™ fuels can go directly into vehicles without engine modification. The products are designed to be cost-competitive with traditional petroleum products - without subsidies - and be commercially available within the next few years. |
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12/27/2010 03:47PM by limguine
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