Gates, Wellcome, Rockefeller Trusts Invest In Algae Biodiesel CompanySubmitted by Chris Kakistocraski on Tue, 05/14/2013 - 13:49
Old news? Sure - this is from 2008. But it's a huge story. And it's the only thing you'll ever hear about it. What's up with that?
Blogs at Wall Street Journal.com
By Keith Johnson
Russell Gold reports:
Bill Gates is plunging his hands into pond scum...
"...the San Diego based company is attracting some impressive investors. These include two of the world’s most famous wealthy families. In addition to Mr. Gates and kin, the Rockefeller family’s venture capital vehicle Venrock was an early backer. The other two financial backers are Arch Venture Partners and Wellcome Trust. Each has contributed roughly equal amounts of the $100 million Sapphire has raised to date, according to chief executive Jason Pyle. (The investment by Cascade, which didn’t return a call for comment, is new. Sapphire had previously disclosed backing from other firms.)..."