Posts tagged with ‘Sapphire Energy’

  • Sapphire Energy And Phillips 66 To Advance Commercialization Of Algae Crude Oil

    Sapphire Energy, Inc., one of the world leaders in algae-based Green Crude oil production, and Phillips 66, an integrated energy manufacturing and logistics company, announced a strategic joint development agreement aimed at taking production of algae crude oil a significant step toward commercialization. The companies will work together to collect and analyze data from co-processing of algae and conventional crude […]
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  • Sapphire Energy’s Commercial Demonstration Algae-To-Energy Facility Now Operational

    Sapphire Energy, Inc., one of the world leaders in algae-based green crude oil production, today announced the first phase of its Green Crude Farm, the world’s first commercial demonstration algae-to-energy facility, is now operational. Construction of this first phase, which began on June 1, 2011, was completed on time and on budget. When completed, the facility will produce 1.5 million […]
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  • Sapphire Energy gets $144M in its fuel tank to turn algae into gasoline

    Sapphire Energy, a company that creates algae-based fuel, just announced a whopping $144 million in funding. In recent years several startups have emerged to create fuel out of plant material, all hoping to lure people away from gasoline made from crude oil. Solazyme, Algae.tec, and Sapphire Energy all dominate the space, trying to edge out not only each other but oil companies […]
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  • Algae startup Sapphire Energy raising $144M

    Algae biofuel is getting a massive infusion of money. Startup Sapphire Energy, which uses synthetic biology to make a green crude out of algae that can be turned into gas, diesel or jet fuel, announced on Monday that it’s raising $144 million in a Series C round from investors including agriculture company Monsanto. Previous investors in Sapphire include Bill Gates’ […]
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  • Sapphire to License Earthrise Spirulina for Green Crude

    Sapphire Energy has announced it has entered into a licensing agreement with Earthrise Nutritionals LLC, Southern California-based producer of spirulina and spirulina-based products, to integrate Earthrise’s spirulina strain into Sapphire’s growing inventory of cyanobacteria and algae strains for algae-to-energy production. As a result of this agreement, Sapphire significantly improves its operational efficiency by expanding the range of strain choices available […]
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