Announcements

Job offersmore »



Tweeting Growers

Top 5 - yesterday

Top 5 - last week

Top 5 - last month

Exchange ratesmore »




US (NC): AgTech Accelerator announces first investment

AgTech Accelerator, a startup incubator focused on agricultural technology companies, revealed Boragen Inc. as its first investment on Thursday — making it the first company to set up shop inside the new Research Triangle Park-based startup hub.

AgTech Accelerator launched last year in RTP as part of Alexandria Real Estate Equities’ broader plan for the Alexandria Center for Science, Technology and Agriculture, which is planned to be built out in phases over the next decade and encompass one million square feet of space on Davis Drive.

Boragen, which creates fungicides aimed at mitigating pest resistance, starts at AgTech Accelerator having completed a $10 million financing round with a group of investors brought together by the accelerator. The investors participating in Boragen’s financing include: Alexandria Venture Investments, Bayer, the Bill & Melinda Gates Foundation, Hatteras Venture Partners, Pappas Capital and Syngenta Ventures, among others.

The chemical technology that Boragen uses is licensed from The Pennsylvania State University, where researchers had been creating products to reduce fungicide resistance and the total amount of chemicals applied per acre on farms.

Read more at The Herald-Sun

Publication date: 3/10/2017

 


 

Other news in this sector:

4/20/2018 BioConsortia raises $15 million in funding
4/20/2018 Evonik opens research hub in Singapore
4/20/2018 Koppert Biological Systems expands board
4/20/2018 Singapore: Syngenta opens digital innovation lab
4/20/2018 “Kids don’t know the difference between a real strawberry and its aroma”
4/20/2018 "CAP favours Northern European countries"
4/19/2018 Australian grower recognized for efforts in China
4/19/2018 China: Zhongnong Futong appoints Sjaak van der Tak as consultant
4/18/2018 New BrightFarms greenhouse to supply Ohio consumers from July 2018
4/18/2018 ScottsMiracle-Gro to acquire Sunlight Supply
4/18/2018 US: GreenGro Technologies acquires Biodynamics Hydroponics
4/18/2018 "The season for reflector cleaning is here"
4/17/2018 Kenya: BASIS crop protection class still open for enrolment
4/17/2018 US: American Coolair adds sales representative
4/17/2018 Priva appoints Bram Koppert as General Manager Asia
4/17/2018 US: HRI opens grant submission process for 2019
4/16/2018 "The demand for sustainable and customized propagation products has risen"
4/16/2018 Five weeks later, Maersk Honam is still burning
4/16/2018 US: Plant-Prod hires Karen Cords as sales manager
4/13/2018 Takura acquires stake in Mozambican vegetable producer