The bioremediation technology startup is the first company to be launched through MIT spinout Ginkgo Bioworks' $350m Ferment Consortium.
US-based waste management technology developer Allonnia had launched with $40m from a series A round that included Ginkgo Bioworks, a microbe engineering services spinout of Massachusetts Institute of Technology.
Research and development organisation Battelle, growth equity firm General Atlantic, investment holding company Cascade Investment and hedge fund manager Viking Global Investors also participated in the round.
Allonnia is developing bioremediation technology that will use enzymes, proteins and microbes to degrade or metabolise contaminants in waste so that other…
