Biofuels and Biochemicals

Fulcrum Bioenergy
Pleasanton, CA
Initial Investment: 2007
Fulcrum BioEnergy is a waste-to-fuels development company formed to develop, own and operate clean and environmentally responsible facilities for converting cellulosic waste products to renewable transportation fuels. Fulcrum's first project is located in Reno, Nevada and will produce over 10 million gallons of cellulosic ethanol per year. Fulcrum's current project development pipeline includes feedstock contracts for approximately 15 million tons of municipal solid waste providing the capacity to produce more than 1.3 billion gallons of cellulosic ethanol per year spanning 20 US states.

OPXBIO
Boulder, CO
Initial Investment: 2011
OPX Biotechnologies is a biochemicals / biofuels company which has developed a proprietary microbe engineering platform for the manufacture of bio-based chemicals and fuels from crop sugars. The Company’s technology creates genetically modified e.coli bacteria which secrete 3HP, rather than alcohol, during fermentation. 3HP is an intermediate molecule which in turn can be chemically converted into multiple commodity chemicals currently produced from petrochemical feedstocks. The Company’s technology platform can also modify e.coli to secrete fatty acids (a basic component for biodiesel production) when exposed to synthesis gas. OPX’s biochemicals and biofuels will be lower-cost than, and direct substitutes for, their current fossil-based equivalents.

