Allied Minds and UW partner up in algae biofuel company AXI
Filed under: Biodiesel, Emerging Technologies, Ethanol
Researchers at the University of Washington have developed a “novel technology” that uses “commercially advantageous″ strains of algae to make biofuels. While work on algae and biofuels is taking place around the world, UW might be on to something here, at least if we trust the investment firm Allied Minds. Allied Minds announced yesterday that it will create a new company, AXI, LLC, with the school to commercialize these strains and make biofuel with them.
The AXI technology is not limited to the strains the UW is working on. According the the UW press release (available after the jump and in PDF), biology professor Rose Ann Cattolico, who developed the technology, said the methodology can “help any algal production system improve its output of inexpensive, oil-rich algae as the raw material for the generation of biofuel.”
[Source: Allied Minds, Inc.]
Continue reading Allied Minds and UW partner up in algae biofuel company AXI
Read | Permalink | Email this | Comments
Original post by Sebastian Blanco