LS9, the South San Francisco-based developer of renewable fuel technologies, said today it has advanced to the second phase of a collaboration supported by Chevon Technology Ventures. The next step aims to further improve the company’s technology to produce “specific pure hydrocarbon products,” LS9 said in a statement. Financial terms of the agreement weren’t disclosed. LS9 raised $30 million in equity financing last December, in a deal that included another entity affiliated with Chevron, the oil giant.
Author: Luke Timmerman
Luke is an award-winning journalist specializing in life sciences. He has served as national biotechnology editor for Xconomy and national biotechnology reporter for Bloomberg News. Luke got started covering life sciences at The Seattle Times, where he was the lead reporter on an investigation of doctors who leaked confidential information about clinical trials to investors. The story won the Scripps Howard National Journalism Award and several other national prizes. Luke holds a bachelor’s degree in journalism from the University of Wisconsin-Madison, and during the 2005-2006 academic year, he was a Knight Science Journalism Fellow at MIT.
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