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Novogy

Acquired

Cambridge, United States · Founded 2009 · $10.1M raised

Headquarters
Cambridge
Founded
2009
Business Model
B2B
Total Funding
$10.1M
Last Round
$10.1M Seed
Rounds
2
Acquired by
Ginkgo BioworksJan 2020

About

Novogy was a Cambridge, Massachusetts-based synthetic-biology startup founded in 2009 that engineered oleaginous yeasts and other microbes to convert waste paper sludge and other feedstocks into biofuels and high-value chemicals, working with MIT researchers on techniques to reduce contamination during fermentation. Backed in part by energy company Total S.A., Novogy was acquired by Ginkgo Bioworks in December 2020, which absorbed its intellectual property and much of its team.

Summary

Novogy is an Agtech company based in Cambridge, United States, founded in 2009. It has raised $10.1M in total across 2 rounds. Investors include Ginkgo Bioworks, LaunchCapital and General Catalyst.

Funding History

AcquisitionJan 2020

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Seed through Acquisition — per-round amounts, valuations, and who invested in each round.

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