San Francisco
Solazyme uses microalgae biotechnology—marine microbes—to produce clean and scalable fuels and "green" chemicals, among other things. It developed an algal-based jet fuel that last fall passed a test by a major independent lab, a feat the company says it will use to enter the jet-fuel market.
Key investors: Braemar Energy Ventures, Energy Ventures, Harris & Harris Group, Lightspeed Venture Partners, Roda Group, VantagePoint Venture Partners