Boston-based Ginkgo Bioworks, which designs custom microbes for customers across multiple markets, has secured $290 million in Series E funding, according to company database Crunchbase, topping the city’s recent funding headlines. The cash infusion was announced Sept. 19 and led by T. Rowe Price.
According to its Crunchbase profile, "Ginkgo Bioworks designs, engineers, develops, tests and licenses organisms. It discovers molecules in flavors, sweeteners, cosmetic ingredients, crop treatments and pharmaceuticals. Gingko Bioworks also provides probiotic bacteria."
The 11-year-old company has raised six previous funding rounds, including a $275 million Series D round in 2017.
The round brings total funding raised by Boston companies in biotechnology over the past 90 days to $388 million, an increase of $282 million from the previous three-month period. The local biotechnology industry has seen 37 funding rounds over the past year, capturing a total of $1.3 billion in venture funding.
In other local funding news, predictive analytics company DataRobot announced a $206 million Series E funding round on Sept. 17, led by Sapphire Ventures.
According to Crunchbase, "DataRobot offers a machine learning platform for data scientists of all skill levels to build and deploy accurate predictive models in a fraction of the time it used to take."
Founded in 2012, the company has raised six previous rounds, including a $100 million Series D round in 2018.
Meanwhile, commercial real estate software company Building Engines, Inc. raised $12 million in funding, announced on Oct. 15. The round's investors were led by Wavecrest Growth Partners.
From the company's Crunchbase profile, "Building Engines’ web and mobile software platform connects all of the people and processes involved in operating a commercial real estate building or portfolio."
Building Engines, Inc. last raised $26 million in funding in 2016.
Also of note, robot processor company Realtime Robotics raised $11 million in Series A funding, announced on Oct. 16 and led by Mirai Creation Fund.
From Crunchbase, Realtime Robotics is a "developer of specialized processor for generating safe robot motion plans in micro-seconds."
The company previously raised $2 million in seed funding in 2017.
Rounding out the city's recent top local funding events, Flipside Crypto, which provides business analytics for blockchain organizations, raised $7.1 million in seed funding, announced on Sept. 24 and led by Galaxy Investment Partners.
From Crunchbase, "Their suite of analytics tools provides insights into user behaviors, developer activities and financial activities, as well as FCAS, a relative value for measuring the fundamental health of cryptocurrency projects."
The company previously raised $1 million in seed funding in 2018.
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