Bill Gates gives $5M to startup

A Cambridge biotech startup yesterday got a 
$5 million boost from the Bill & Melinda Gates Foundation to develop synthetic bacteria to fight disease.

Synlogic said it will work with the former Microsoft boss' charitable foundation to help combat diseases in poor and developing nations.

"We are excited to work with Synlogic in such an encouraging area of breakthrough science," Trevor Mundel, president of Global Health at the Bill & Melinda Gates Foundation, said in a statement. "Synlogic's technology platform could lead to new therapies for some of the most severe diarrheal diseases, the second-leading cause of death for children in developing countries."

The Gates Foundation has committed the $5 million in addition to the nearly 
$30 million Synlogic raised in July in Series A round funding from Atlas Ventures and New Enterprise Associates.

"It's certainly very validating for a company that is just getting started," said Ankit Mahadevia, Synlogic's chief executive. "We started this company to develop great products."

Using synthetically engineered microbes, Synlogic has developed a way for bacteria to perform a specific therapeutic action inside the body — such as delivering drugs — and then deactivate.

Mahadevia said the company will use the money to continue to develop its synthetic microbe platform. Earlier this year, Synlogic said it's platform "could have merit" in treating gastrointestinal diseases.

The Gates Foundation's global health division is focused on solutions to major health issues in poor and developing nations. In addition to its investments, the foundation has given out 
$30 billion in grants.

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