Ginkgo Bioworks to Build Infrastructure for Rapid Epidemic Response with $70MM Investment
Amount Raised
$70 Million
Round Type
Venture
BostonOtherManufacturingBiotechnologySustainabilitySoftwareScience And EngineeringDescription
Today, Ginkgo Bioworks is announcing a $70MM investment from Illumina (Nasdaq: ILMN) and existing Ginkgo investors, General Atlantic and Viking Global Investors. This will enable Ginkgo to build the infrastructure that could enable rapid epidemic response. Large-scale testing is essential for slowing the spread of viruses; for COVID-19, experts suggest millions of tests are needed per day in the United States to control this epidemic. Ginkgo aims to achieve unprecedented scale with its automation capabilities, leveraging Illumina's next-generation sequencing (NGS) technology to enable widespread testing for COVID-19.
Quick answer
Ginkgo Bioworks raised $70 Million in a funding round, dated May 28, 2020. Ginkgo Bioworks is based in Boston, Massachusetts, United States.
- How much did Ginkgo Bioworks raise?
- Ginkgo Bioworks raised $70 Million in a funding round on May 28, 2020.
- What does Ginkgo Bioworks do?
- Ginkgo Bioworks is the leading horizontal platform for cell programming, providing flexible, end-to-end services that solve challenges for organizations across diverse markets, from food and agriculture to..
- Where is Ginkgo Bioworks based and how big is it?
- Ginkgo Bioworks is based in Boston, Massachusetts, United States. Fundz records about 840 employees.
- Who are the decision-makers at Ginkgo Bioworks?
- Fundz holds 3 contacts at Ginkgo Bioworks, including the Cofounder. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Sustainability and Science And Engineering around the same time
Companies in the same sectors as Ginkgo Bioworks that raised within 45 days of this round, from Fundz verified event records.
- MED-X raised $600K on June 23, 2020.
- Carlsmed raised $2M (Seed) on June 23, 2020.
- Axe Compute Inc. raised $1.8M on July 10, 2020.
- IM Cannabis Corp raised $302K on July 9, 2020.
- IM Cannabis Corp raised $12K on July 9, 2020.
- kWh Analytics raised $3.7M (Seed) on July 8, 2020.
Who to call at Ginkgo Bioworks, and when
A new round usually means Ginkgo Bioworks is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Ginkgo Bioworks raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Ginkgo Bioworks, from your own LinkedIn network
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Related People
Ginkgo Bioworks raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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