Financials

Estimates*

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Revenues, earnings & profits over time
USD201620192020202120222023
Revenues10.0m42.9m48.0m48.0m60.6m74.7m
% growth--12 %-26 %23 %
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DateInvestorsAmountRound
-

N/A

-
*

N/A

Spinout
N/A

$4.0m

Series A

$20.0m

Series B

$20.4m

Series B

$15.0m

Series C

$45.0m

Late VC

$46.4m

Late VC
N/A

$6.8m

Debt
*

N/A

Support Program
*

$90.0m

Growth Equity VC

$118m

Series C
*

N/A

Late VC
Total Funding€326m

Recent News about Genomatica

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More about Genomatica
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Genomatica is a biotechnology startup that is revolutionizing the way we produce materials by replacing fossil fuel sources with plants. The company operates in the sustainability market, serving a wide range of industries, including manufacturing, cosmetics, and food. Genomatica's business model is centered on developing and licensing its technology to some of the world's largest brands, enabling them to produce their products in a more sustainable and environmentally friendly manner.

The company's technology can significantly reduce carbon emissions, with the potential to cut 85 million tons of carbon per year. Their first technology has already proven to reduce carbon emissions by up to 90% compared to traditional fossil fuel-based production methods. This is a significant step towards reducing our dependency on fossil fuels, which have been the primary source of raw materials for a wide array of products for the past century.

Genomatica's vision is to create a more sustainable future by producing the same molecules, ingredients, and materials we use every day, but from plant-based sources. This not only reduces our carbon footprint but also creates more transparent and traceable supply chains. This is particularly appealing to brands and consumers who are increasingly conscious of their environmental impact.

The company's technology has already attracted significant interest, with L’Oréal becoming the third global company to invest in a Genomatica-led venture for sustainably sourced ingredients. This demonstrates the potential profitability of sustainable manufacturing and the growing demand for such solutions in the marketplace.

Keywords: Sustainability, Biotechnology, Plant-based materials, Carbon emissions reduction, Transparent supply chains, Sustainable manufacturing, Licensing technology, Global brands, Environmental impact, Investment.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.