Sapphire Energy Names New CTO

San Diego-based green technology firm Sapphire Energy, which is developing algae-to-crude oil production technology, has named Dr. Matthew Croughan as its new Chief Technology Officer. Sapphire has raised more than $300M in funding from such investors as Arrowpoint Partners and Monsanto. According to Sapphire, Croughan was most recently the George B. and Joy Rathmann Professor and Director of the Amgen Bioprocessing Center at Keck Graduate Institute at the Claremont Colleges. He also has served at Genentech. Dr. Croughan will continue to hold a position at the Keck Graduate Institute.