Company Profile | June 26, 2020
Tropic Biosciences aims to become a seed/plant company for the improvement of tropical crops, with bananas as its initial commercialization target The company applies CRISPR gene editing to perform gene knockout targeting consumer‑ and processing‑focused traits but also engages in banana ... Not part of subscription
News Commentary | February 05, 2021
Pontifax AgTech Management and Deerfield Management led the round, with participation from Temasek and Leaps by Bayer. Pairwise uses CRISPR and an omics‑related discovery platform to develop production‑ and consumer‑focused traits of fruit and leafy greens. This round allows Pairwise to grow its ... To read more, click here.
News Commentary | March 01, 2021
Kalera, vertical hydroponics developer and producer of leafy greens, microgreens, and herbs, announced its acquisition of Vindara, a pioneer in engineering seeds for indoor growing environments. Through the acquisition, Vindara will become a fully owned subsidiary of Kalera and provide Kalera with ... Not part of subscription
by Laura Krishfield and Joshua Haslun
Unfold, a joint venture (JV) between Leaps by Bayer and Temasek, will develop new seed varieties tailored to vertical farming systems with an initial $30 million investment from the pair and rights to germplasm from Bayer's vegetable portfolio. Vertical farming's expansion has remained limited to herbs and greens due to their rapid production cycles, easy scalability, and low space constraints. Expanding such attributes to a greater diversity of crops is a significant, albeit early, opportunity underway by competitors like Inari. Moreover, linking compatible varieties directly to existing indoor production prescriptions is an interesting path to commercial success. Clients should expect investment from regions with high food import demand.
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