Lux: VCs invest $5.8B in bio-based chemicals, as focus shifts to disruptive synthetic biology
Green Car Congress
DECEMBER 22, 2016
billion into bio-based materials and chemicals (BBMC) startups since 2010, reflecting the drive for sustainability, performance, and alternatives to petroleum feedstocks. Synbio startups attracted over $300 million, accounting for 53% of all VC investment in 2016 (through October 11), and three of the top five deals.
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