Genomatica is a leader in sustainable chemicals: ‘greener’ intermediate and basic chemicals made from renewable feedstocks, rather than oil and gas. The company aims to transform the chemical industry by making the exact same high-volume products at the heart of the trillion-dollar industry, but with better economics and a smaller environmental footprint.
We bring substantial and unique technology that transforms the industry’s economics. This allows us and our partners to build commercial manufacturing plants at substantially lower capex, and to produce chemicals for less than our petro-based competition, while being significantly more environmentally sustainable.
Genomatica’s technology could substantially reduce the 8% of the world’s fossil fuels used for chemical production, reduce carbon emissions by hundreds of millions of tons, and create thousands of cleantech jobs.
Genomatica is on a path to rapid commercialization. We have been successfully producing our first commercial product, Bio-BDO at pilot scale since the first half of 2010, and are ramping to demonstration-scale in 2011, along with our strategic partner Tate & Lyle.
The company has raised $84 million in financing from Alloy Ventures, Bright Capital, Draper Fisher Jurvetson, Mitsubishi Chemical, Mohr Davidow Ventures, TPG Biotech, VantagePoint Venture Partners and Waste Management.
genomatica.com
Waste Management has invested in a wide range of companies that can convert the material it handles into fuels and chemicals. In addition to Agilyx, the company has also recently invested in Terrabon Inc., Enerkem Inc., S4 Energy Solutions LLC, and Genomatica Inc. |
