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:

3/22/2017 Agra Tech participates in Helical Outpost Project 
3/22/2017 Italy: Top Control keeps growing
3/22/2017 Netherlands: New technical director for Voshol
3/22/2017 Export market drives Malaysian growers to expand and automate
3/22/2017 US (LA): Agritourism workshop teaches on-farm safety
3/21/2017 Photo Report Horti Asia 2017
3/21/2017 US: Rabo AgriFinance strengthens partnership with National FFA Organization
3/21/2017 Lemnis Oreon and EnviroTech sign distribution agreement
3/21/2017 Sudlac invests in development of brand and market
3/21/2017 Dutch department store De Bijenkorf to grow herbs in store
3/20/2017 Italy: Rijk Zwaan inaugurates second Trial Station
3/17/2017 “Pure Flavor grew considerably in recent years”
3/16/2017 UK: Levity Crop Science wins Red Rose innovation award
3/16/2017 Lower sales for Syngenta in 2016
3/16/2017 NL: Construction R&D Technology Centre Syngenta commences
3/15/2017 HAS University and Harper Adams create partnership
3/15/2017 Bayer, Monsanto start $2.5 billion asset sale
3/15/2017 These are the world's best ag universities
3/15/2017 Illumitex hires Jeff Bisberg as CEO
3/15/2017 US (CA): Firefighters struggle with burning chili peppers