Tag: Khosla

KiOR announces $347M loss for 2013: “We have substantial doubts about our ability to continue as a going concern.”

Delayed 2013 results includes going concern statement. Future Khosla financing contingent on milestones. Default looms as soon as April. Financing after August unclear. In Texas, KiOR announced a $347.5M net loss for 2013, and issued a “going concern” statement that focused on its ability to raise future capital to sustain operations and build its next […]

March 17, 2014 More

Bill Gates, Vinod Khosla up the ante in cellulosic biofuels pioneer KiOR

In Texas, KiOR announced the execution of $100 million in committed equity related financing in two separate private placement transactions to support the Company’s recently announced expansion of production capacity in Columbus, Mississippi, called  the Columbus II Project. Once completed with the planned technology enhancements for both Columbus facilities, the Columbus II Project is expected to achieve overall positive cash flow from operations […]

October 21, 2013 More

“Hate biofuels? Venture capitalist Vinod Khosla won’t invite you for coffee.”

Today on Twitter: jtlesage National Plug In Day gains traction; Hate biofuels? Venture capitalist Vinod Khosla won’t invite you for coffee. bioEnergNet #Biofuels incorporation in #transportation exceeded 4.5% in #EU27 durimg last year IAmBiotech: New Metabolic Pathway to More Efficiently Convert Sugars Into #Biofuels

October 2, 2013 More

Washington Times questions LanzaTech grant, Khosla’s political efforts

In Washington, The Washington Times raises questions regarding the timing of LanzaTech’s $4M award, as it comes after important financier Vinod Khosla hosted a fundraiser for the Democratic Party at his home. Khosla, one of the company’s most active investors, hosted President Obama and Senators Michael Bennet (D-CO), Maria Cantwell (D-WA), and Amy Klobuchar (D-MN) […]

September 23, 2013 More

Mascoma withdraws IPO, blames market conditions

In New Hampshire, Mascoma has withdrawn its registration for an IPO worth up to $100 m. “The company has determined at this time not to proceed with the offering due to market conditions,” it said today in a filing. The decision comes after Enerkem, Fulcrum BioEnergy, and Coskata have all delayed or canceled their IPOs […]

March 25, 2013 More

KiOR closes 4-year term loan with Khosla, AlMCo

In Texas, KiOR announced that it has closed a $75 million four-year term loan with a lender group comprised of an affiliate of Vinod Khosla and two Canadian corporations owned by certain pension fund clients of Alberta Investment Management Corporation (AIMCo). Khosla is loaning $25 million while the rest is funded by Alberta. “This follow-on […]

February 1, 2012 More

Khosla raises $1.05B fund, $500M for cleantech

In California, Khosla Ventures has raised $1.05 billion for an investment fund with half of that dedicated towards cleantech. “We fundamentally invest in the companies that we expect to have significant impact, and that’s precisely what the Khosla Ventures IV fund will do,” Vinod Khosla told the San Francisco Business Times. His investments Amyris, Gevo, […]

October 18, 2011 More

GM, Total, Khosla, Blackstone among Series D investors in Coskata

In Illinois, Coskata announced a first close of its Series D round of financing.  The major investors from previous rounds participated, including The Blackstone Group, Khosla Ventures, Total Energy Ventures International (part of Total, one of the world’s major Oil and Gas groups), ATV, Globespan Capital Partners, General Motors, Arancia, and Sumitomo. Coskata plans a […]

August 22, 2011 More

Khosla slams Big Oil, Virent launches plastic bottle alternative at Ethanol Summit

Khosla slams Big Oil, Virent debuts alternative to plastic bottles at the 2011 Ethanol Summit in Brazil In Brazil, 2,000 industry executives gathered at UNICA’s biennial Ethanol Summit in Sao Paulo. Among the highlights, a charged keynote in which celebrated venture capitalist Vinod Khosla accused oil companies of having a double-standard on risk-taking in oil […]

June 7, 2011 More

Khosla differentiates KiOR from other failed pre-revenue IPOs

In California, Technology Review asked Vinod Khosla, founder of Khosla Ventures, whether pre-revenue companies such as KiOR should be attemtping IPOs. The publication asked Khosla to explain the differences between companies such as KiOR and Nanosys, whose pre-revenue IPO Khosla had decried in a 2004 speech at Stanford University. In a letter to the publication, […]

May 9, 2011 | 0 Comments More