Ginkgo Bioworks Acquires Novogy's Microbial Engineering Platform

December 16, 2020

Ginkgo Bioworks acquired the main assets of Novogy, Inc., absorbing Novogy's strain assets, IP portfolio, codebase and most of its technical team. The acquisition brings Novogy's expertise in lipid-producing oleaginous yeasts (notably Yarrowia lipolytica) into Ginkgo's cell‑programming platform to accelerate development of bio-based oils, chemicals and materials.

Targets
Novogy, Inc.
Industry
Biotechnology
Location
United States
Transaction Type
Buyout

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