Chromatin to enter biofuel sector with $12.4M in funding

12/3/2008 | NYTimes.com

Chromatin, a Chicago-based firm that uses genetics to improve crops, said it intends to use the $12.4 million it raised from investors to partner with biofuel companies that could help distribute its products. The company plans to use its mini-chromosome technique to create feedstocks equipped with multiple genes that could help increase yields and reduce costs linked to creating fermentable sugars for cellulosic ethanol.

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