Lygos, a startup developing bio-based delivery of high value specialty chemicals, has raised over $41M in equity financing and over $10M in non-equity government funding from the DOE and other agencies. The latest investment from LG Technology Ventures — $5M in January 2019 — emphasizes the startup’s potential to introduce more sustainable, non-toxic production processes to the consumer electronics industry. Lygos was founded on Berkeley Lab synthetic biology approaches to create high value chemicals. The startup went on to produce malonic acid, used in pharmaceuticals, flavors and fragrances, from non-food biomass rather than petroleum products.