Zymergen Inc.
NASDAQ Global SelectCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Joshua J. Hoffmann
- Full Time Employees
- 502
- Sector
- Basic Materials
- Industry
- Chemicals - Specialty
- Address
- 5980 Horton Street EmeryVille CA United States of America 94608
- IPO Date
- Apr 22, 2021
- CIK
- 0001645842
- Website
- zymergen.com
- Similar Companies
- Business
- Zymergen Inc. Zymergen Inc. was a biotechnology company that developed bio-based materials and microbes using machine learning, genomics, automation, and data science; its core products included Hyaline, a bio-manufactured transparent polyimide film for flexible electronics such as foldable smartphones and tablets, along with engineered microbes and molecules for applications in chemicals, pharmaceuticals, consumer goods, agriculture, packaging, and healthcare. Founded in 2013 and headquartered in Emeryville, California, the company operated primarily in the United States and targeted electronics, manufacturing, and industrial sectors with its platform for designing genetically modified organisms to produce sustainable alternatives to petroleum-based products. In July 2022, Ginkgo Bioworks agreed to acquire Zymergen for $300 million in an all-stock deal completed in October 2022, integrating its automation, software, and biological engineering technologies into Ginkgo's cell programming platform while pursuing strategic alternatives for Zymergen's advanced materials and drug discovery programs; the company underwent significant cost restructuring, including multiple layoffs reducing headcount by half, discontinuation of Hyaline production in November 2021, and a pivot to drug development prior to the acquisition. Zymergen filed for Chapter 11 bankruptcy on October 3, 2023, in the U.S. Bankruptcy Court for the District of Delaware, followed by court confirmation of its liquidation plan on February 5, 2024, after selling remaining assets amid operational challenges and SEC charges in September 2024 for misleading IPO disclosures related to market potential and revenue prospects, resulting in a $30 million civil penalty. As a former subsidiary of Ginkgo Bioworks Holdings Inc. Ginkgo Bioworks Holdings, Inc., Zymergen ceased independent operations following liquidation.
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Zymergen, Inc. (ZY) CEO Jay Flatley on Q1 2022 Results - Earnings Call Transcript