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LS9 Clears $25 Million Venture Capital Round

Monday, September 28, 2009 5:51:00 AM PDT | VentureDeal Staff

South San Francisco, California  --  Alternative energy technology company LS9 has secured $25 million in its third round of institutional venture capital financing.

The company said that it "develops solutions for industrial biotechnology and energy applications."

Chevron Technology Ventures was the lead investor in the round, which included Lightspeed Venture Partners, Flagship Ventures, Khosla Ventures and other undisclosed investors.  The company said that the funding would accelerate its ability to demonstrate commercial level production of its energy technologies.

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