SG Biofuels Cultivates $9.4 Million Series A Investment
San Diego-based SG Biofuels secured a series A investment of $9.4 million led by two privately held companies involved in the development of renewable energy, chemicals and biotechnology, Flint Hills Resources in Kansas, and Life Technologies Corporation in Carlsbad, Calif. SG Biofuels catalogs, develops and produces seeds for a crop called Jatropha, which is a drought-resistant plant used to make biodiesel, jet fuel, soaps, organic fertilizers, medicines and pesticides.
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