VCA Stocks

Sapphire Energy Inc., a Sonoma, Calif.-based company that creates “green” gasoline by produces crude oil out of algae, has raised over $50 million in VC funding.  Sapphire Energy was founded to address the overwhelming inadequacies of current biofuel approaches and the profound costs of American dependence on foreign oil. The company has built a revolutionary platform using sunlight, CO2 and microorganisms such as algae to produce renewable, 91 octane gasoline that meets ASTM standards; it is not ethanol and not biodiesel.