Your Web News in One Place

Help Webnuz

Referal links:

Sign up for GreenGeeks web hosting
March 2, 2011 06:20 am GMT

Genomatica Raises $45 Million To Make Sustainable Chemicals, And Greener Spandex (A Good Thing, In This Case)

Genomatica, a San Diego based producer of chemicals from renewable sources including sugar, raised $45 million in a new round led by VantagePoint Venture Partners, a fund that has committed $2.5 billion to cleantech. Bright Capital, the venture arm of RU-COM group in Russia joined the round as well with Waste Management, a large provider of waste management services in North America, and the company's earlier investors including: Alloy Ventures, Draper Fisher Jurvetson, Mohr Davidow Ventures and TPG Biotech. Altogether, Genomatica has raised $85 million in venture capital...

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/oCLS7HxrPU8/

Share this article:    Share on Facebook
View Full Article

Techcrunch

TechCrunch is a leading technology blog, dedicated to obsessively profiling startups, reviewing new Internet products, and breaking tech news.

More About this Source Visit Techcrunch