Ginkgo Bioworks, Bayer to Invest $100M in New Agbio Company

Sep 14, 2017

NEW YORK (GenomeWeb) – Ginkgo Bioworks and Bayer said today that they have established a new agricultural biotechnology company focused on developing technologies and products for sustainable agriculture.

The two firms together with venture capital firm Viking Global Investors will provide $100 million in series A funding to the new company. The deal is expected to close this fall.

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