Tuesday, January 25, 2011

Genomatica Raises $21.25M

San Diego-based Genomatica, a firm developing sustainable chemical products using renewable feedstocks, has raised $21.25M in additional funding, according to numbers released in the recent PricewaterhouseCoopers/NVCA MoneyTree report. No details on the new funding have been disclosed by the firm. Genomatica says on its web site that it has now raised more than $40M in financing from TPG, Mohr Davidow Ventures, Draper Fisher Jurvetson, and Alloy Ventures. Genomatica develops technology to replace fossil fuel based chemicals with renewable products. More information »

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