Dealflow | December 16, 2020

Ginkgo Bioworks acquires “microbial engineering” company Novogy

Jessica Pothering
ImpactAlpha Editor

Jessica Pothering

ImpactAlpha, December 16 – Novogy is developing sustainable varieties of fats and oils from oleaginous yeasts. The microbes are promising sources of biofuel and less resource-intensive to produce than oilseed crops.

Boston-based biotech Ginkgo Bioworks, whose research spans food-based alternative proteins to COVID-19 testing, acquired the startup, along with its intellectual property and much of its team.