If you ever wondered what happened to the algae fuel work between Synthetic Genomics and Exxon — it was scaled back and now is focused on long term research instead of commercialization.
Through his startup Synthetic Genomics, Craig Venter and his team have reached a milestone: they’ve engineered their first algae strain that includes a portion of synthetic DNA. And it’s bright yellow.
Genomics guru Craig Venter and his startup Synthetic Genomics might be hitting some hurdles with their partnership with Exxon, but on Monday the company announced that it will create a joint venture with Mexican investing group Plenus to use genomics to create more sustainable crop production.
Aurora Biofuels announced Monday that it has changed its name to Aurora Algae, in hopes of finding commercial markets today in turning algae into nutrients and protein products. It’s not exactly a vote of confidence for the idea of turning algae into biofuel.
The billion-dollar balance sheet of Exxon and the brain of genomics guru Craig Venter have led to one of algae fuel’s biggest market breakthroughs. Now Exxon and Venter’s Synthetic Genomics have opened their first greenhouse test facility.
The father of genomics and the founder of synthetic biology startup Synthetic Genomics, Craig Venter, is now officially god. Well, he and a team of researchers at the J Craig Venter institute have successfully created the first synthetic bacterial cell.
Craig Venter’s startup Synthetic Genomics has reportedly raised RM28.2 million, or $8 million, from Malaysian conglomerate Genting Group, which bought a million shares of the company.