Red Sea Farms, a Saudi Arabian startup developing saltwater-tolerant crops and saltwater-based greenhouses in the Middle East, has secured $1.9 million in funding.
The startup raised funding to build a 2,000 square meter saltwater greenhouse in Saudi Arabia comes from the country’s King Abdullah University of Science and Technology (KAUST) Innovation Fund and the Research Products Development Company (RPDC).
The pongamia tree is a protein powerhouse that far outclasses the globally dominant soybean: its yields can offer as much as 10 times the beans per acre as soy, according to TerViva, which closed funding today.
The wide range of industrial hemp products represent the greatest opportunity for American agricultural markets seen within the past fifty years, writes Jon Vaught.
CoverCress (formerly Arvegenix) has closed a $2 million bridge investment round co-led by Bayer Growth Ventures and BioSTL’s investment arm BioGenerator.
CoverCress is a plant breeding company using CRISPR gene editing tools to develop and grow a new cover crop based on the native plant pennycress.
Equinom, an Israeli startup using computational biology to breed crops with improved characteristics without any genetic manipulation, has raised $4 million in a bridge funding round.
The founder of Rockit Global, the New Zealand company that holds the global rights to the mini Rockit apple variety, has sold over 50% of the company to two private equity firms Pioneer Capital and Oriens Capital for around N$25 million ($17 million).
Hidden hunger is of the biggest global problems in our time; it's a type of malnutrition where people are getting enough to eat, but not enough nutrition for good health, life, or growth, according to Bev Postma, CEO of HarvestPlus.