Kior Secures $70,000,000 New Round

  • Feed Type
  • Date
    9/30/2010
  • Company Name
    Kior
  • Mailing Address
    13001 Bay Park Road Pasadena, TX 77507
  • Company Description
    KiOR (NASDAQ: KIOR) is a next generation biofuels company which produces a renewable crude oil substitute. KiOR’s production process creates this Re-Crude from biomass by enhancing nature’s method of making oil, reducing the process from millions of years to a matter of seconds. KiOR’s renewable crude is compatible with our country’s existing fuel infrastructure and yields a significant number of societal and environmental benefits.
  • Website
    http://www.kior.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $70,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Proceeds purposes were not disclosed.
  • M&A Terms
  • Venture Investor
    Khosla Ventures
  • Venture Investor
    Undisclosed