29
May
2008
Sapphire Squeezes High Octane Gas from Algae
Craig Rubens, earth2tech
San Diego-based startup Sapphire Energy said yesterday that it has squeezed ASTM-certifiable 91 octane gasoline — the premium stuff at the pump — from algae. That is to say, high-octane gasoline from pond scum. Founded a year ago this month, Sapphire has already raised $50 million in venture capital from ARCH Venture Partners, the Wellcome Trust and Venrock.
