Ferment Launches $20M Studio Fund to Accelerate Biotech Solutions Across Vital Industries [Yahoo! Finance]
Ginkgo Bioworks Holdings, Inc. (DNA)
Company Research
Source: Yahoo! Finance
SANTA MONICA, Calif., November 20, 2024 BUSINESS WIRE Ferment , a venture studio that creates bio-enabled product companies, has launched a new $20 million studio fund to rapidly translate biology into products that solve targeted problems across sectors including energy, agriculture, materials, and health. The new fund's first creation and $2.5 million investment is Alchemyca, a company that uses enzymes, sensors, and AI to dramatically improve how we convert organic waste into renewable natural gas. It joins existing Ferment companies that have all launched revenue-generating products within their first three years, and have attracted corporate partners like Vale, Suncor, Chanel, and Nutreco. Biology has untapped potential to make industries more efficient and sustainable and to delight consumers with better products. To speed up widespread impact, Ferment builds companies that focus intensely on product development and commercialization so biology can better meet the pace of the
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DNA
Earnings
- 11/12/24 - Beat
DNA
Sec Filings
- 12/26/24 - Form 144
- 12/26/24 - Form 144
- 12/23/24 - Form 144
- DNA's page on the SEC website