Synthetic biology startup Lygos closes $13M Series A to target oil-based specialty chemical industry
Green Car Congress
DECEMBER 13, 2016
a bio-based specialty chemicals company, closed $13 million in Series A financing led by IA Ventures and OS Fund. The current process used to produce malonic acid requires sodium cyanide and chloroacetic acid; Lygos’ engineered yeast produces malonic acid from sugar and CO 2. This is the Industrial Revolution of synthetic biology.
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