Biofuel Maker LS9, Inc. (JOBS) Raises $25 Million

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pehub.com -- LS9 Inc., a San Carlos, Calif.-based developer of hydrocarbon biofuels and chemicals, has raised $25 million in third-round funding. CTTV Investments, the VC arm of Chevron Technology Ventures, led the round. Return backers include Lightspeed Venture Partners, Flagship Ventures and Khosla Ventures. The company previously raised around $20 million.

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