Glycerin Chemistry Targeted By Glycos | April 27, 2009 Issue - Vol. 87 Issue 17 | Chemical & Engineering News
Volume 87 Issue 17 | p. 14 | Concentrates
Issue Date: April 27, 2009

Glycerin Chemistry Targeted By Glycos

Department: Business

Glycos Biotechnologies has raised $5 million in early-stage funding from the venture capital firms Draper Fisher Jurvetson and DFJ Mercury. A spin-off of Rice University, Glycos is working on converting glycerin into bulk chemicals through microbial fermentation. The company will use the money to hire technical staff and develop its technology to the manufacturing scale. DFJ Mercury focuses on university spin-offs and businesses in the incubation stage.

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