Monday, August 10, 2009

Gevo Pulls In $30M More

Englewood, Colorado-based Gevo, a firm developing biofuels technology, has now raised $30.0M out of a $40.0M funding round, according to a regulatory filing by the firm today. Gevo has previously raised funding from Virgin Green Fund, Khosla Ventures, Burrill & Company, and the Malaysian Life Sciences Capital Fund. The funding appears to be continuing funds into a Series D funding the firm announced in April. The firm did not announce the amount of that investment, which was led by oil and gas company Total, but prior reports have placed the target of the Series D at $40M, consistent with the filing today.