Genomatica, a company that makes chemicals from plants rather than oil, said today it plans to go public and raise $100 million.
The company today filed its S-1 document with the Securities and Exchange Commission and laid out its strategy and risks. Genomatica follows a handful of other green-tech companies that have filed to go public this year, despite the recent rocky ride of the stock markets.
San Diego-based Genomatica makes industrial chemicals used in the production of everyday products, such as plastics used ininteriors, pharmaceuticals, and apparel.
Instead of using oil or natural gas as a feedstock … Read more