Jason Pyle, Sapphire Energy’s CEO and co-founder, says Monsanto made a ‘substantive minority’ investment in his company.

Jason Pyle, Sapphire Energy’s CEO and co-founder, says Monsanto made a ‘substantive minority’ investment in his company. Photo by Photo courtesy of Sapphire Energy

SAPPHIRE ENERGY INC.

CEO: Jason Pyle.

Financial information: Would not disclose.

No. of local employees: 100.

Investors: Monsanto, Arch Venture Partners, Wellcome Trust, Cascade Investment, and Venrock.

Headquarters: Torrey Pines area of San Diego.

Year founded: 2007.

Company description: The privately held company focuses on what it calls ‘green crude’ production — using synthetic biology to transform algae into gasoline, diesel and jet fuel.

What does Monsanto Co...

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