L’Oreal Group Invests in Joint Venture Company Formed by Unilever, Kao Corporation, and Genomatica

3月 22, 2023

The sustainable biotechnology company, Genomatica (referred to as Geno), based in the United States, has announced that the biotech joint venture company led by the company has secured financing from the French beauty giant L’Oréal.
Geno was founded in 2000 in San Diego, USA. To address the urgent climate crisis, it is developing and promoting sustainable materials made from plant or waste-based raw materials. Its technology is driving material and formula innovation across various applications such as beauty, home cleaning agents, clothing, and more. According to initial estima …