Zymetis

company

About

Zymetis is a biotechnology company producing affordable transportation fuels.

Details

Last Funding Type
Grant
Last Funding Money Raised
$1.50M
Industries
Biotechnology,Chemical,Developer Platform,Transportation
Founded date
Jan 1, 2006
Operating Status
Active

Zymetis recently announced that it was named to the 2009 GoingGreen East 50 Top Company List. The GoingGreen East 50 Award is given to private, emerging companies creating new green technology businesses.

Zymetis, founded in 2006 by Dr. Steve Hutcheson of University of Maryland, is a biotechnology company working to produce affordable "next-generation transportation fuels." Currently the Zymetis products are developed from novel enzymes that hope to achieve lower costs and improve yields and efficiencies.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
$1.50M
Zymetis has raised a total of $1.50M in funding over 2 rounds. Their latest funding was raised on Jan 31, 2010 from a Grant round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jan 31, 2010 Grant $1.50M 1 Detail

Investors

Number of Lead Investors
Number of Investors
1
Zymetis is funded by 1 investors. Maryland Department of Business and Economic Development are the most recent investors.
Investor Name Lead Investor Funding Round
Maryland Department of Business and Economic Development Grant