Flint Hills Resources and Life Technologies have invested in SG Biofuels' A round.
Two strategic investors have backed renewable energy company SG Biofuels in its $9.4m series A round.
Flint Hills Resources, a US refining and chemicals company owned by Koch Industries, and Nasdaq-listed healthcare research company Life Technologies, along with existing undisclosed investors invested in the A round.
Anthony Sementelli, chief financial officer of Flint Hills Resources, and Nathan Wood, vice president of Life Technologies’ genomics technologies division, have joined SG’s board.
Kirk Haney, executive president at SG, said: "We are…
