Ru-Com and Waste Management-backed Genomatica had a large increase in revenues in the first half, although it is still loss-making.
Genomatica, a US-based chemicals company backed by US-listed Waste Management and the corporate venture unit of Russia-based industrial conglomerate Ru-Com Group, has filed to raise $100m in a flotation.
The filing follows Genomatica raising $45m in March from Waste Management, which owns 6.9%, and Ru-Com’s Bright Capital.
The company’s other shareholders are venture firms TPG Biotech (19.1%), Mohr Davidow Ventures (17.3%), VantagePoint Venture Partners (12.6%), Alloy Ventures (10.4%), Batios Holdings (7.4%) Draper Fisher Jurvetson (7%) and Iceland Genomics…
