LS9 Raises $30 Million More To Replace Petroleum- With Plant-Based Fuel And Chemicals

A new SEC filing revealed that LS9 — a biotechnology startup turning plant-based materials into fuel and chemicals for use within traditional petroleum-based systems — has raised a series D investment of $30 million. The round was led by BlackRock and joined by all of LS9's previous investors: Flagship Ventures, Khosla Ventures, Lightspeed Venture Partners and CTTV Investments LLC, the venture capital arm of Chevron Technology Ventures LLC, according to a company spokesperson.