MIT spinout Ginkgo Bioworks has set up Motif Ingredients with $90m in series A funding provided by investors including Louis Dreyfus Company and Fonterra.

US-based food ingredients company Motif Ingredients was spun out of biotech firm Ginkgo Bioworks yesterday with $90m in series A capital from investors including merchant firm Louis Dreyfus Company and dairy cooperative Fonterra. The round also featured Breakthrough Energy Ventures and Viking Global Investors. Motif Ingredients will exploit Ginkgo Bioworks’ platform for genetic engineering in…

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