Company News, Financial News

Genomatica Closes $118 Million in Series C Funding

Aims to accelerate the global commercialization and expansion of sustainable materials.

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By: Charlie Sternberg

Associate Editor

Sustainability leader Genomatica recently closed $118 million in Series C funding to accelerate the global commercialization and expansion of sustainable materials, with the potential to reduce greenhouse gas emissions by 100 million tons per year.   Leading life science investor Novo Holdings led the round, with additional participation by existing and new investors including Viking Global Investors, Casdin Capital and others. Genomatica will use the investment to scale production for its portf...

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