Verdezyne Receives $2,960,796 New Funding Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=32c3a011-111e-46b0-9912-09690508d2ec&Preview=1
Date
10/30/2009
Company Name
Verdezyne
Mailing Address
2715 Loker Avenue Carlsbad, CA 92008
Company Description
Verdezyne employs its biology expertise and proprietary advanced computational algonithms to design and synthesize novel, high-diversity gene libraries for engineering proteins, metabolic pathways, and microorganisms. The company creates and harnesses this unique biological diversity to optimize commercial fermentation processes used to manufacture platform chemicals and biofuels.
Website
http://www.verdezyne.com
Transaction Type
Venture Equity
Transaction Amount
$2,960,796
Transaction Round
Undisclosed
Proceeds Purposes
The company said the funds would be used to develop gene libraries for its computational and bioinformatics programs.
M&A Terms
Venture Investor
Undisclosed