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LS9 Closes Second Round Funding At $15 Million

Wednesday, October 10, 2007 5:00:00 AM PDT | VentureDeal Staff

SAN CARLOS, CA -- Biofuels company LS9, Inc. said that it has closed its series B round at $15 million, while taking on an additional investor.

LS9 develops solutions for industrial biotechnology, biofuels and other energy applications.  The company's products are designed to closely resemble petroleum derived fuels, but be renewable, clean, domestically produces and cost competitive.

Lightspeed Venture Partners was the new lead investor.  The round included previous investors Khosla Ventures and Flagship Ventures.

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