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Israeli startup raises $2.4 million to be the “Pfizer” of crop seed innovation

“Because climate change is having an impact on agriculture worldwide – but uniquely in each region and for each crop – I believe there is a tremendous advantage to developing a solution that facilitates rapid crop seed development,” explained Dr. Kinneret Shefer, CEO and Co-founder of GeneNeer.

The company, founded in 2016, recently raised $1 million for its method of gene editing for smart, fast crop breeding. Today, the company is mainly focused on potato production but hopes to expand to other crops in the future.

“I want GeneNeer to be the “Pfizer” of crop seed innovation. When a new virus or pest emerges that impacts crops, I want GeneNeer to be the solution everyone turns to for the development of a more resilient crop seed, ensuring healthy growth and prosperity to prevent the spread of viruses, fungi, and pests that will reduce crop yield over several years,” she added.

GeneNeer is engaged in the enhancement of crops through the development of innovative methods for expedited, precisely controlled gene editing and rapid gene discovery, using its patent-protected Superlines and tissue-specific silencing. The company aims to use its capabilities to support global food security and nutrition.

Read the entire article at Ctech

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