Public (NASDAQ: AMRS) | |
Industry | Renewable Fuels, Anti-Malaria, Renewable Chemicals, Renewable Products |
Founded | 2003 |
Headquarters | Emeryville, California, USA |
Key people
|
John Melo: CEO |
Revenue | $77.2 million [2016] |
Number of employees
|
300 - 350 |
Website | Amyris.com |
Amyris is an integrated renewable products company providing sustainable alternatives to a broad range of petroleum-sourced products. Amyris uses its industrial synthetic biology platform to convert plant sugars into a variety of hydrocarbon molecules, flexible building blocks which can be used in a wide range of products. Amyris is commercializing these products both as renewable ingredients in cosmetics, flavors, fragrances, polymers, lubricants and consumer products, and also as renewable diesel and jet fuels.
Founded in 2003 and headquartered in Emeryville, Ca, Amyris has raised over $120 million in equity funding to-date, including investments from Total S.A., Khosla Ventures, Votorantim Novos Negócios, Kleiner Perkins Caufield & Byers, TPG Biotech, and DAG Ventures.
Amyris Brasil S.A., a subsidiary of Amyris, oversees the establishment and expansion of Amyris’s production in Brazil.
Amyris is developing cost-effective and sustainably-produced natural oils and aroma chemicals used in the Flavors and Fragrances (F&F) market for the majority of the largest fragrance houses in the world.
Many of the natural ingredients used in F&F products are expensive because there is limited supply and the synthetic alternatives require complex chemical conversions.
Utilizing Amyris’s biotechnology platform and industrial fermentation processes, the company convert plant sugars into cost-effective, sustainable F&F ingredients at scale in serving the current and future needs of these partners and their global customers. With this technology, Amyris decouple production process from the price and supply volatility of natural oils and petroleum, allowing Amyris to produce ingredients reliably and at scale.
Amyris’s success in commercially scaling and producing fragrance molecules within the Flavors and Fragrances market has created an emerging opportunity into the area of flavors.
An evolving consumer diet and expanding need for enticing flavors within the highly competitive food and beverage sector is driving the quest for novel ingredients that cost-effectively meet product suppliers’ needs as well as those of consumers with increasingly discriminating tastes.
Amyris announced its first foray into this sector in July 2015 via a multi-year, multi-million-dollar agreement with a global food ingredients supplier.
Amyris is revolutionizing the cosmetics industry by providing sustainable, plant sugar-derived ingredients with superior performance.