Ginkgo Bioworks: Biotech startup that creates custom microorganisms for a variety of applications.

To address this goal it’s been partnering with companies to help build the technology they have to bring products to advertise.
While Ginkgo’s work has not led to any blockbusters, and Kelly allows it’s “frustrating” that biotech takes such a long time, he says products from other customers are coming soon.
The Cannabis company Cronos, based in Canada, says by the end of the year it will be selling intoxicating pineapple-flavored candy containing CBG, a molecular element of the marijuana flower; Ginkgo helped show it making the compound in yeast.
A spinout from Ginkgo, called Motif FoodWorks, says it expects to possess a synthetically produced meat flavor available this season as well.
Biotechnology usesliving organisms or their componentsto produce new technologies, tools, and products, such as bio-based chemicals, novel materials, pest-resistant crops, or next-generation pharmaceuticals andliving medicines.
Biotechnology basically identifies technology that leverages biological systems and living organisms to generate products or solve problems.

• At each stage of biology’s central dogma there are complex processes that are not fully understood, like alternative splicing, post-translational modifications and subcellular localization.
• Exactly like rearranging ones and zeros on a screen can transform an electronic product, changing the chemical code contained in DNA can transform a biological system.
• Synthego provides precision and automation to genome engineering, to enable rapid and cost-effective research.
• This may appear to be science fiction right now, but it’s a future synthetic biology companies across the country are working to create to fruition — and it’s not as distant as it might seem.

Novartis, Roche, and Syngenta will be the largest and best-known companies in biotech, but additionally, there are numerousbiotech start-ups, such as for example Versantis, Amal Therapeutics, and TwentyGreen.
Further, there are a variety of large companies that significantly leverage biotech in their product portfolios, such as Givaudan and Firmenich.
GoingVC is built around the idea of making capital raising education, investing, networks, and talent more accessible to those with the desire to succeed.
Makes an animal-free version of squalane — a cosmetic additive that’s traditionally harvested from shark livers — by borrowing the same fermentation process that its parent company Amyris used to produce its antimalarial drug.

Ginkgo Bioworks

“What we’re excited about at Ginkgo, has been in a position to design biology — design microbes, design plants — to be able to do what we wish.”
Growth of Ginkgo around 2021 have been driven by “robust venture capital funding” and entry into the COVID-19 testing market.
Simultaneously, innovators have made a splash with plant-derived “burgers,” that are ever nearer to meat from an animal to look at, texture, and taste.
One such is the Impossible Burger—made with GM soy.Impossible Foods, the Silicon Valley startup that creates “meat from plants” was made in 2011.
In 2019, Burger King, one of many largest burger chains on earth, began selling theImpossible Whopperacross america.
Strong R&D support through private investments.While investment has been strong for years, in 2020,capital investment in Swiss biotech firmsincreased almost threefold from 2019.

• Biology may be the world’s greatest manufacturing platform, according to MIT spinout Ginkgo Bioworks.
• Dr. Frederic Moll – your physician and entrepreneur focused on improving patient outcomes – founded Auris Health in 2007.
• sweeteners for food, which are cheaper and better to make than those produced from sources like Stevia leaves.
• Specifically, the piles of plastic that threaten to overwhelm many countries on the planet.

The potential deal, first reported by Bloomberg, could value Ginkgo at a lot more than $20 billion — a lot more than five times what Ginkgo was valued at in late 2019, when it last raised venture capital.
Founded in 2008 by way of a group of MIT grad students and their advisor, Ginkgo Bioworks has raised somewhere in a nearby of $789 million.

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Financial Services & Investing Overview

Not only may be the company his “favorite unicorn,” nonetheless it acquired the remains of a few of their own synthetic-bio startups after they went bust .
How Ginkgo performs in the future “could help our whole field or hurt our whole field,” he says.
During a podcast, journalists with Stat News compared Ginkgo to a “meme stock,” or “stonk,” positioned to appeal to an investing public chasing trends without regard for business fundamentals.
When the SPAC deal is finalized—sometime in September—the company will trade beneath the stock symbol “DNA,” once owned by Genentech, an early on hero of the biotech scene.

Furthermore, Ginkgo started collaborating with Moderna Therapeutics on the latter’s vaccine development.
Then, in May, there is the $70 million round to create large-scale testing infrastructure.

Twist technology uses small-scale high-density DNA synthesis (“printing”) on silicon, and in 2015 Twist agreed to supply Ginkgo with 100,000,000 base pairs of DNA, which was speculated to be ~10% of the total capacity of synthetic DNA worldwide.
2 yrs later, Ginkgo acquired Gen9, a DNA synthesis company founded by George Church, who I’ve described as “the most interesting scientist in the world” in one of my previous blogs.
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Yeast is well-understood, relatively easy to manipulate and post-translational modifications are possible.
Ginkgo has developed novel synthetic promoters that allow them to increase production of proteins in yeast.
They tested thousands of designs to select a small amount of promoters with powerful which can be used in any program producing a protein in yeast.

The company’s technology platform is bringing biotechnology into consumer goods markets, enabling fragrance, cosmetic, nutrition, and food companies to make better products.
Leveraging the energy of biology for manufacturing means designing products which are at the core living things – in a position to grow and reproduce, with lower environmental impact and waste.
Ginkgo enables industries from agriculture to consumer electronics to cultivate products in more sustainable ways, and major companies and investors alike took note.
Synthetic biology companies raised greater than a billion dollars in private investment in 2016, lots likely to be surpassed in 2017.
These startups generally constitute a risky investment as they require lots of capital and have an extended development process.
Similarly, there are numerous of risks that bedevil the biotech industry, from political risks to health concerns regarding products.