Versalis was joined in the D round for the sustainable chemicals company by US-based refuse company Waste Management and venture firms Alloy Ventures, Draper Fisher Jurvetson, Mohr Davidow Ventures and VantagePoint Capital Partners.

We are investors since series B and have been largest single investor. We organized this follow on round.

Versalis, the largest Italian chemical company, has helped Genomatica raise $41.5m after the portfolio company withdrew its planned flotation.

Versalis was joined in the series D round by US-based refuse company Waste Management and venture capital firms Alloy Ventures, Draper Fisher Jurvetson, Mohr Davidow Ventures and VantagePoint Capital Partners. Geoffrey Duyk, co-founder of private equity firm TPG’s Biotech fund, said: “We led…