6
Jul
2009
Algae Movers and Shakers: Sapphire Energy
Jim Lane , Biofuels Digest
Sapphire gained instant attention when it raised a stunning $100 million, and participated in the initial algae-based jet test with Continental last December. The combination were factors in propelling Sapphire to a #2 ranking in last December’s 50 Hottest Companies in Bioenergy list. The company has been fine tuning its process in recent months, while increasing the pace of its commercialization schedule.
