Boeing Research & Technology and the Chinese Academy of Science’s Qingdao Institute of Bioenergy and Bioprocess Technology (QIBEBT) have agreed to expand their collaboration to include other research institutions and aviation supply chain entities as part of their efforts on algae-based aviation biofuel development. Boeing and QIBEBT previously announced the establishment of a joint research [...]

Aurora Biofuels said it has secured an additional $15 million in a recent funding round led by Oak Investment Partners, with the continued support of Gabriel Venture Partners and Noventi Ventures. This third-round financing brings the startup’s total fundraising to $40 million. The new funding will be used to support the continued path to commercialization [...]