Madison-based Virent has entered into a new strategic relationship with San Antonio-based Tesoro to accelerate the development and commercialization of Virent’s BioForming technology to produce cost effective, low-carbon, drop-in, bio-based fuels and chemicals.
The agreement provides funding to Virent to advance its technology and commercialization, while establishing a framework for Tesoro to provide broader support and involvement in Virent’s deployment efforts longer term.
