Biofuel Greentech Investment: KPCB ...
KPCB makes investment in biofuels through Altra ...
... “KPCB's commitment to and leadership in Greentech makes them an extremely helpful and well-networked investor, Gross said. We share a common goal of innovating to create new, green sources of energy. We believe Altra's strategy and national footprint enables us to better serve consumers than smaller, local competitors. Altra has invested in five biofuels plants, which will have the capacity to produce 175 million gallons of ethanol and 80 million gallons of biodiesel each year. The total financing of over $50 million included funding from KPCB, The Angeleno Group, Khosla Ventures, Omninet Private Equity and Sage Capital Partners. " ...