Lygos, which applies synthetic biology to create high value chemicals, raised $13 million in Series A funding. OS Fund, IA Ventures, First Round Capital, Y Combinator’s Continuity Fund, Fifty Years, Vast Ventures and various angel investors are among the participants. Lygos, spun out of Lawrence Berkeley National Laboratory technology, was highlighted in a Dec. 27, 2016 New York Times article by Quentin Hardy on a new wave of clean tech companies.
The Department of Energy recently highlighted the lab-to-market success of Aeroseal, a startup based on a Berkekley Lab ductwork-sealing technology. The Ohio-based company has grown to operate in Europe, the Middle East, Canada, the Philippines, and Australia and has sealed ductwork in more than 100,000 houses and tens of millions of feet of commercial space. Aeroseal estimates it saves customers a total of $4.2 million annually in energy costs.