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Filed under: Misc. Gadgets, TransportationIt’s not the first to turn to algae and biomass as a source of fuel, but upstart Solazyme seems to think it’s got a leg up on other biofuel makers and its apparently lining up the deals and big bucks to prove it. As Technology Review reports, that includes Chevron, which is now in a “testing agreement” with the start-up, and the National Institute of Standards and Technology, which dished out a $2 million grant to the company.

What’s more, Solazyme’s method also apparently allows them to use different strains of algae to produce different types of oil, including a mix of hydrocarbons that’s similar to light crude petroleum. Needless to say, all of this is still quite a ways away from finding its way into your car’s tank, but the company has demonstrated its algae-based fuel in a diesel car, so it’s at least moved beyond the lab.

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