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Algae biofuel company Solazyme closes $57m venture financing round

8 Jun 2009

Algae biofuel company Solazyme, Inc. has surpassed $76m in funding, including the company's recently closed $57m Series C financing. Venture capital firms Braemar Energy Ventures and Lightspeed Venture Partners led the financing round and were joined by other new investors including VantagePoint Venture Partners. All major existing investors participated in the round, including The Roda Group, Harris and Harris Group, and Solazyme chairman Jerry Fiddler.

 

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