Company Name Matrix Genetics
Mailing Address Undisclosed Seattle, WA 98104
Company Description Matrix Genetics, LLC (“Matrix”), located in Seattle, Wash. is a biotechnology company focused on producing renewable fuel and specialty chemicals derived from cyanobacteria (blue-green algae). The company’s state-of-the-art, metabolic engineering and systems biology platform is the most cost-efficient method to customize organisms with a range of traits for these industries.
Proceeds Purposes The amount of the investment isn’t being disclosed, but it’s enough for Matrix to spin out of its parent company, Targeted Growth, and to find new labs in South Lake Union with room for about 15 employees.