Amyris Biotechnologies, which is working on make jet fuels, gasoline and medicines through biologically inspired processes, has raised part of a $70 million funding round that it hopes to complete by the end of the year.
The company also said that it will try to come out with its bio-diesel, bio-gasoline and bio-jet fuels as early as 2010.
Amyris specializes in synthetic biology. It studies metabolic processes in bacteria and other microorganisms and then tries to replicate those processes artificially in labs. One of its first projects was developing a synthetic form of artemisinin, a medicine for malaria that grown … Read more