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Ginkgo Bioworks

Ginkgo Bioworks buys Dutch microbe company ahead of going public

May 17, 2021 By Sean Whooley

Ginkgo Bioworks

Ginkgo Bioworks announced today that it agreed to acquire fungal platform technology developer Dutch DNA ahead of going public. Last week, the Boston-based cell programming platform developer announced that it was combining with Soaring Eagle Acquisition Corp. to go public. The SPAC values Ginkgo at $15 billion and is expected to provide up to $2.5 […]

Filed Under: Business/Financial News, Featured, Mergers & Acquisitions, Wall Street Beat Tagged With: Dutch DNA, Ginkgo Bioworks

Ginkgo puts $80 million into Synlogic

June 19, 2019 By Brad Perriello

Gingko puts $80m into Synlogic

Ginkgo Bioworks put $80 million into Synlogic (NSDQ:SYBX) last week in a deal to use its cell programming technology to accelerate development of Synlogic’s synthetic biotic medicine program. Boston-based Gingko acquired some 6.3 million SYBX shares and warrants for another 2.5 million shares at $9 apiece; Synlogic then paid $30.0 million back to Gingko for […]

Filed Under: Featured, Pharmaceuticals, Wall Street Beat Tagged With: Ginkgo Bioworks, synlogic

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