Gevo Adds $17 Million

Gevo Inc., a Pasadena, Calif.-based developer of advanced biofuels like butanol, has raised $17 million in Series C funding. Burrill & Co. and Malaysian Life Sciences Capital Fund were joined by return backers Khosla Ventures and Virgin Green Fund. The company has raised over $30 million since the beginning of 2007. www.gevo.com