Genomatica, Inc. Raises $15 Million  
3/25/2010 8:40:27 AM

Xconomy -- San Diego-based Genomatica is announcing today it has raised $15 million in a Series C venture round led by a new investor, TPG Biotech, to build a demonstration plant to make a common industrial chemical through a renewable technique, and to develop a bigger pipeline of other petrochemical alternatives.