& fuel headquarters 500 clyde avenue mountain view ca 94043 key people bob mayer ceo andy meyer president carole cobb coo david walther vp r & d website http www.cobalttech.com cobalt technologies is a mountain view start up that specializes in the creation of biobutanol using various cellulosic feedstocks . current feedstocks include corn cobs treetops and limbs dead pine trees from pine beetles . it is currently run by ceo bob mayer and president andy meyer . cobalt is in the final stages of its development and r & d processes and is looking to build its first commercial plant . 1 timeline edit october 20 2008 cobalt raises 25 million in funds . the series c equity round was co led by lsp and pinnacle ventures and included both new and existing investors . the series c round had strong participation from cobalt biofuels existing institutional investors including pinnacle ventures vantage point venture partners the malaysian life sciences capital fund and ventures . new investors included lsp and harris and harris . 2 october 29 2008 cobalt names rick wilson as chief executive officer . 3 september 9 2009 cobalt is named to global cleantech 100 by guardian news and media and cleantech group 4 january 12 2010 california governor arnold schwarzenegger and silicon valley cleantech leaders were on hand demonstrating the importance of clean technology to the state s future economic vitality . it is great companies like cobalt that will help california meet our greenhouse gas reduction targets under ab 32 and our low carbon fuel standard said governor schwarzenegger 5 april 7 2010 cobalt technologies is first to create renewable biobutanol fuel from beetle killed pine . cobalt is the first company to produce a drop in replacement for petroleum and petrochemicals from beetle affected lodgepole pine . to evaluate the fuel s viability for commercial vehicles the company has signed a fuel testing partnership with colorado state university . 6 june 22 2010 cobalt was named to the biofuels digest 30 most transformative technologies of 2010 and ranked first in the competitive biobutanol category . more than 48 000 votes were cast during a three week online voting process . there is a growing recognition of the value of biobutanol as a renewable chemical and fuel and our technology has the ability to be first to market with commercial scale biobutanol production said rick wilson ceo . 7 california endorses cobalt edit governor arnold schwarzenegger paid a visit to cobalt biofuels on january 12 2010 . the governor was quoted for saying cobalt shows us that what is good for the environment can also be good for the economy . he also is quoted for saying at the press conference and this is a perfect example where we can celebrate the creation of this great biofuel in a very cost effective way and doing such a spectacular job in that direction but at the same time helping the economy because this is creating jobs . and this is what i always said that you can protect the economy and protect the environment at the same time . in fact here what is great also about this is that because they are so successful they are going to open up and expand very quickly . and they re going to go and build another plant a big plant much bigger than this is here where they will have 1 300 people employed . 8 references edit http www.cobalttech.com http www.cobalttech.com news news item series c round http www.cobalttech.com news news item new ceo global cleantech 100 http www.cobalttech.com news news item california governor launches cobalt technologies low carbon fuel plant http www.cobalttech.com news news item renewable biobutanol fuel from beetle killed pine http www.cobalttech.com news news item cobalt technologies 2010 transformative technology http gov.ca.gov speech 14184 retrieved from https en.wikipedia.org w index.php title cobalt technologies & oldid 647134731 categories biofuel in the united statescompanies based in mountain view california navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 14 february 2015 at 18 53 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view