Billionaire VC eyeing more NZ companies
Founder of Sun Microsystems and the name behind Khosla Ventures, Vinod Khosla, plans to follow up several New Zealand companies’ investment pitches.
The billionaire venture capitalist was founding chief executive of Sun Microsystems, and later joined Kleiner, Perkins, Caufield and Byers, building Nexgen/AMD. In 2004 he founded venture company Khosla Ventures and currently has a 51% stake in New Zealand-founded company Lanzatech,reportedly a $3.5 million investment.
LanzaTech, founded in 2005, produces fuels and chemicals through a gas-liquid fermentation process from gas resources that include waste gases from steel mill flues, oil refining and biomass such as municipal solid waste.
Read full article via The National Business Review