Posts Tagged ‘Khosla Ventures’

Deadline passes and state receives no payment from KiOR

COLUMBUS — Mississippi officials say they didn’t get any money from faltering biofuel firm KiOR on Friday, the deadline for the company to make a $1.9 million debt payment. KiOR, based in Pasadena, Texas, has a grace period of three business days to make the payment, so it wouldn’t officially break its agreement until midnight […] [...]

KiOR secures funding to increase biofuels production

COLUMBUS — A Texas-based company has secured funding to proceed with plans to double the production capacity at its biofuels production facility in Columbus. KiOR Inc., based in Pasadena, announced yesterday in a news release it has received $100 million in committed equity financing from Khosla Ventures, an investment company based in California, and Microsoft […] [...]

Good idea or not?

See related Feb. 4 Business Blog post, ‘Haley Barbour and Khosla Ventures’ and Feb. 11 post, ‘WSJ: Learned from Khosla-backed energy startups that tanked.’ State leaders agree that affordable and reliable energy is essential for Mississippi’s future economic growth. Gov. Haley Barbour has said his energy policy is “more of it” and has aggressively promoted […] [...]

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