Zymergen raised 400$ million in funding, and by that it broke a record for the largest funding deal for a US-based FoodTech startup. The company specializes in microorganism engineering for several purposes, including a natural, eco-friendly alternative to petroleum products commonly used in the agriculture industry such as pesticides and fertilizers, as well as substitutes for preservatives or flavorings in the food industry, and even in food packaging.

 

Read more: https://agfundernews.com/breaking-zymergen-raises-400m-series-c-in-largest-ever-upstream-agrifood-tech-deal-in-us.html