Genomatica Raises Funding For Scale-Up | March 7, 2011 Issue - Vol. 89 Issue 10 | Chemical & Engineering News
Volume 89 Issue 10 | p. 21 | Concentrates
Issue Date: March 7, 2011

Genomatica Raises Funding For Scale-Up

Department: Business
Keywords: renewable chemicals, fermentation, venture capital, cleantech

Renewable chemicals firm Genomatica has raised $45 million in a fourth round of funding. The company will use the money to complete demonstration-scale production and early commercialization plans for its first product, 1,4-butanediol made via sugar fermentation by engineered organisms. New investors in the company include VantagePoint Venture Partners and Waste Management. In February, Genomatica and Waste Management agreed to research making chemicals out of syngas generated from municipal solid waste.

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Genomatica uses engineered organisms to generate butanediol.
Credit: PR Newswire
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Genomatica uses engineered organisms to generate butanediol.
Credit: PR Newswire
 
Chemical & Engineering News
ISSN 0009-2347
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