Xconomy | San Diego - Business + Technology in the Exponential Economy

Verdezyne Receives $2,960,796 New Funding Round

  • Feed Type
  • Date
    10/30/2009
  • Company Name
    Verdezyne
  • Mailing Address
    2715 Loker Avenue Carlsbad, CA 92008
  • Company Description
    Verdezyne employs its biology expertise and proprietary advanced computational algonithms to design and synthesize novel, high-diversity gene libraries for engineering proteins, metabolic pathways, and microorganisms. The company creates and harnesses this unique biological diversity to optimize commercial fermentation processes used to manufacture platform chemicals and biofuels.
  • Website
    http://www.verdezyne.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $2,960,796
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The company said the funds would be used to develop gene libraries for its computational and bioinformatics programs.
  • M&A Terms
  • Venture Investor
    Undisclosed

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