Cargill invests in Genomatica; joint marketing deal positions Cargill as supplier of carbohydrate feedstocks, production services for Genomatica process technologies

In Minnesota, Cargill made an equity investment in Genomatica and secured rights to make additional investments, as part of an agreement tin which the partners will co-market Cargill’s feedstock and production services to current and prospective Genomatica licensees, and chemical users.The collaboration, according to the partners, “will give chemical producers, distributors and users access to a reliable, cost-effective source of carbohydrate feedstocks, co-location support services and production partnerships.”

Reaction from the stakeholders

“Cargill’s production services give Genomatica an innovative way to accelerate deployment and better serve the chemical industry and needs of our customers,” said Christophe Schilling, CEO of Genomatica. “This is a natural complement to the innovation, sustainability and cost-advantaged production enabled by our technologies.”

“As Cargill continues to strategically expand its presence in the industrial biotechnology space, our collaboration with Genomatica broadens our portfolio of sustainable production solutions,” said Cargill Corn Milling Vice President Brian Silvey. “Companies will be able to produce or distribute chemicals used for industrial applications faster, more reliably and more cost-effectively.”

Background on the Partners

Genomatica: The Digest’s 8-Slide Guide

Genomatica: The Digest’s 2015 5-Minute Guide: technologies, major past and future milestones, competitive edge and “the SItuation”.

Cargil: The Digest’s 2015 5-Minute Guide: technologies, major past and future milestones, competitive edge and “the SItuation”.