Hastings advises Gevo in series D financing
Paul Hastings of Janofsky & Walker LLP, a San Diego-based international law firm, announced that the firm represented Gevo Inc., a biofuels company, in raising a series D round of private investment led by Total, a French oil and gas company, the Virgin Green Fund, Khosla Ventures, Malaysian Life Sciences Capital Fund and Burrill & Co. The transaction closed on April 24, 2009. Gevo is commercializing technology for the cost-effective production of renewable, fungible hydrocarbons such as gasoline blendstocks, renewable jet fuel and renewable diesel blendstocks. In addition to fuels, Gevo's technology enables the production of a wide variety of chemicals and plastics such as polyacrylates and polyethylene terephthalate from renewable sources. Corporate partner Deyan Spiridonov led the Hastings team, which included senior associate Teri O'Brien.