I’ve been wanting to mention that I am angel investor in Aurora Biofuels. From their site:
Aurora’s proprietary technology, developed at The University of California, Berkeley, allows Aurora BioFuels to create bio-diesel with 125X higher yields and 50% lower costs than current production methods.
They are a small, impressive team with a promising plan to use genetically modified algae to efficiently create biodiesel. Today, biodiesel is typically made from soybeans. It’s a sustainable way to create fuel, which is good, but the soybeans take 11 months to grow and the fields to grow them in are large. Aurora proposes to use algae instead, which take 10 days to grow and you can put lots of them in a small tank.
I believe Aurora is interested in finding additional angel investors at this time.