Genomatica Secures $15,000,000 Series C Funding Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=73fba2c5-8545-4aa1-a90e-8606ad791934&Preview=1
Date
3/25/2010
Company Name
Genomatica
Mailing Address
10520 Wateridge Circle San Diego, CA 92121
Company Description
Genomatica is a San Diego-based chemical company that, through biotechnology, develops and commercializes innovative bio-manufacturing processes for the sustainable production of high value chemical products.
Website
http://www.genomatica.com
Transaction Type
Venture Equity
Transaction Amount
$15,000,000
Transaction Round
Series C
Proceeds Purposes
Beyond BDO, the funding will enable Genomatica to expand its pipeline to include additional large-market chemical targets that the company aims to produce from renewable feedstocks. The company will continue to execute on its business model to partner with major chemical companies to catalyze transformation of the global chemical industry, aided by the addition of chemical industry veterans to its executive team.
M&A Terms
Venture Investor
TPG Biotechnology Partners
Venture Investor
Alloy Ventures
Venture Investor
Mohr Davidow Ventures
Venture Investor
Draper Fisher Jurvetson