Monday, May 9, 2011

OVP Boosts Renewable Fuels Firm

Seattle-based OVP Venture Partners has re-upped its investment in renewable fuels firm Verdezyne, according to the company. Verdezyne, which is based in California, said it has scored a new round of funding. The new round included BP Alternative Energy Ventures, DSM Ventures B.V., Monitor Ventures, and OVP Venture Partners. OVP is an existing investor in the company.