KiOR is a next-generation renewable fuels company that has developed a proprietary technology platform to convert biomass into renewable crude oil. By enhancing nature’s method of making oil into a matter of seconds, KiOR converts non-food biomass into a into a crude oil that is molecularly identical to conventional crude oil. This product is then refined into into a variety of gasoline and diesel blendstocks that are compatible with our country’s existing transportation fuel infrastructure and create significant societal and environmental benefits. KiOR believes that, among alternative fuels, domestically produced cellulosic fuels from non-food sources are the best near-term solution for reducing our dependence on foreign oil, significantly reducing greenhouse gas emissions, and creating high-quality jobs and economic benefits for rural America.
KiOR was founded in 2007 and is headquartered in the United States. The company's last investment was a $100.00M Post-IPO Equity investment at 21 October 2013, and the investor was Khosla Ventures.
As a renewable fuels company with a unique approach to converting biomass into crude oil, KiOR presents an innovative solution for reducing dependence on foreign oil and contributing to environmental sustainability. The company's partnership with Khosla Ventures signifies confidence from notable investors, potentially positioning KiOR for significant growth within the renewable energy sector.
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