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Amyris Biotech Raises Third Venture Capital Financing

Monday, October 05, 2009 5:58:00 AM PDT | VentureDeal Staff

Emeryville, California  --  Biotechnology company Amyris Biotechnologies has garnered $41.75 million in its third round of institutional venture capital investment.

Amyris says that it is "leveraging breakthroughs in synthetic biology to provide a consistent, cost-effective supply of high-value natural compounds for large and diverse markets..."

Investors in the round included Khosla Ventures, Kleiner Perkins Caufield & Byers and other undisclosed investors.  The company said it would use the funding proceeds to continue its development efforts and initiatives in both the US and Brazil.

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