In December 2010, we signed a joint development agreement with Waste Management.

The focus was to research and develop process technology for the biobased production of high-value chemicals using C1 feedstocks, with an emphasis on syngas from municipal solid waste.

The program achieved multiple successes in the development of proprietary organisms to harness C1s. These developments are being harnessed in additional current R&D programs.

Waste Management, the leading provider of waste management services in North America, has also invested in Genomatica, as part of our Series C-1 and Series D financings.