Zymergen raises $400 million Series C

Published:
December 13, 2018
Coverage:
Accelerating Materials Innovation More...
Categories:
Synthetic biology | Fertilizers More...
Activities:
Investment
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by Gihan Hewage
Truly disruptive

Zymergen had previously focused on improving its clients' strains – claiming scales over 100,000 tpa for strains and producing on the order of $100 million worth of product per year. Not only will Zymergen use this funding to double the capacity of its platform, but it also intends to use the funding to commercialize its own products. This raise highlights the strong potential for synthetic biology as a future manufacturing tool and ally to the agriculture industry – Zymergen's plan to commercialize strains from scratch, as opposed to optimizing existing strains, will provide a strong test of the efficacy of its platform, especially given the struggles of companies commercializing bio-based products in 2018.

For the original news article, click here .


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