Biocatalysis » GreenFuel Technologies http://www.bio-catalyst.com Information and Commentary About Biofuels and Biotechnology Thu, 26 Aug 2010 12:57:14 +0000 en hourly 1 http://wordpress.org/?v=3.0 Algae Company Calls Itself a Leader As It Goes Under http://www.bio-catalyst.com/2009/06/04/algae-company-calls-itself-a-leader-as-it-goes-under/ http://www.bio-catalyst.com/2009/06/04/algae-company-calls-itself-a-leader-as-it-goes-under/#comments Thu, 04 Jun 2009 18:17:56 +0000 David http://www.bio-catalyst.com/?p=255

GreenFuel Technologies Corporation, which planned to convert CO2 from smokestacks into fuel using algae, announced it is closing and put its assets up for sale. This is after spending more than $70 million in venture funding. I like this lead sentence from its web site announcing the offering of assets: “After leading the algae clean tech industry for the past 8 years …“. Leading the industry where?

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