BetterSeeds Overview
BetterSeeds develops gene-editing solutions for agriculture through its EDGE platform, which expands the application of CRISPR technology from a limited number of crops to a broad range of staple food plants. The platform enables the integration of proprietary climate-resilient traits, such as drought tolerance and improved water efficiency, directly into crops. By enhancing plant performance under climate stress, BetterSeeds supports higher yields, resource-efficient farming, and greater food security in the face of environmental challenges.
Cumulative Funding Raised Over Time ($)
$7.0MMay 2022
$11.0MNov 2020
$12.0MOct 2017
$15.5MOct 2022
Latest News
BetterSeeds and Syngenta are teaming up to tackle tomato processing challenges
From Israel With Smart Technology: Improving Global Food Security
BetterSeeds appoints CRISPR pioneer to address ‘critical bottleneck’ in crop gene editing
BetterSeeds announces that its genome editing-based ROP9 trait for drought resiliency in processing tomatoes has received commercialization approval from the USDA
Bio-engineered Crops: A Breakthrough for Climate-Resilient Farming
| Sector | Agriculture & Food Technologies |
Funding
| Total funding | $15.5M |
| Last funding | $3.5M |
| Stage | A |
| Rounds | 4 |
| Investors | 2 |
Team Members
6
Employees: 11-50
Web & Social Links
| Website | betterseeds.com |
| Careers | Careers page |
Locations
Birkat Am Street 54, Givat Hen, Israel
Photos & Videos
No files yet
BetterSeeds Business
Business models
B2B
Product stage
Released
Employees
11-50
Sector
Climate TechFood & Land UseSustainable FarmingSustainable Water SolutionsAgriculture & Food TechnologiesAg TechGenetics & InputTarget Customer
Agriculture & FoodCropsCore Technology
BiologicalsGenesTags (11)
climate-techagribusinesscropsbiotechnologyplant-protectionsmart-farmingseedsgeneticsbreedingagtechgene-editingGeographic Markets
GlobalBetterSeeds Financials
$15.5M
Total funding
Undisclosed
Capital raised
$3.5M
Last funding
A
Funding stage
4
Total rounds
2
Investors
Cumulative Funding Raised Over Time ($)
$7.0MMay 2022
$11.0MNov 2020
$12.0MOct 2017
$15.5MOct 2022
Private Equity Funding
Convertible Debt
Oct 2022
$3.5M
OurCrowd (Lead)
A Round
May 2022
$7M
OurCrowd
Seed
Nov 2020
$4M
Smart Agro (Lead)
Pre-Seed
Oct 2017
$1M
BetterSeeds Lifecycle
Cumulative Funding Raised Over Time
$7.0MMay 2022
$11.0MNov 2020
$12.0MOct 2017
$15.5MOct 2022
All Events
Convertible Debt
Oct 2022
$3.5M
OurCrowd (Lead)
A Round
May 2022
$7M
OurCrowd
Seed
Nov 2020
$4M
Smart Agro (Lead)
Pre-Seed
Oct 2017
$1M
BetterSeeds News
12 articlesBetterSeeds and Syngenta are teaming up to tackle tomato processing challenges
From Israel With Smart Technology: Improving Global Food Security
BetterSeeds appoints CRISPR pioneer to address ‘critical bottleneck’ in crop gene editing
BetterSeeds announces that its genome editing-based ROP9 trait for drought resiliency in processing tomatoes has received commercialization approval from the USDA
Bio-engineered Crops: A Breakthrough for Climate-Resilient Farming
BetterSeeds announces USDA approval for PeaMAX, the world's first gene-edited cowpea
BetterSeeds welcomes former Bayer executive as chairman
BetterSeeds' CRISPR-Based Technology: The Key to Agricultural Resilience and Sustainability
BetterSeeds Acquires Business Unit of Israeli Seed Company
growth-positive
New Collaboration to validate CRISPR Genome-editing tools in plants
Merck KGaAs Life Science division, MilliporeSigma, has signed a collaboration and license agreement with Israeli company BetterSeeds to accelerate the use of CRISPR in agricultural applications. The agreement licenses Merck KGaAs foundational CRISPR intellectual property to BetterSeeds, allowing them to develop new breeds of plants using genome editing technology. The collaboration aims to test the boundaries of the currently available technology in the agricultural sector and contribute to food security while reducing the environmental impact of farming. BetterSeeds plans to use the CRISPR tools to edit cash crops and incorporate game-changing traits. The agreement will greatly advance the research, development, and commercialization of gene-edited plants utilizing CRISPR technology. Merck KGaA holds some 50 CRISPR-related patents worldwide.
Partners
growth-positive
Creating the crops we need to save our future
Israeli startup BetterSeeds plans to genetically modify crops using CRISPR gene editing technology to enable mechanized picking. The company aims to change the architecture of crops like tomatoes and cucumbers to make them suitable for machine harvesting, reducing labor costs. BetterSeeds is licensing the CRISPR technology from Corteva Agriscience and the Broad Institute of MIT and Harvard. The company previously focused on providing hybrid hemp seeds for medical-grade cannabis and is now turning its attention to commodity crops like cowpeas and soybeans. BetterSeeds aims to improve the profitability of agriculture by making crops more suitable for mechanization and increasing farmers versatility. The companys vision includes transforming perennial crops like apple and citrus trees into seasonal crops through gene editing. The CEO predicts that BetterSeeds non-cannabis products will be marketed by the end of 2023.
CustomersPartners
growth-positive
Genetics and seeds company CanBreed rebrands as BetterSeeds
Israeli genetics and seed company CanBreed is rebranding as BetterSeeds. The company has been successful in enhancing seeds using CRISPR technology for cannabis plants and will now apply this technology to multiple crops. BetterSeeds aims to develop new and improved varieties of selected crops by embedding game-changing traits through gene editing. The companys goal is to address the growing demand for food due to population growth, limited farming lands, and technological limitations. BetterSeeds is led by experienced professionals in the seed industry and aims to be a global leader in adapting crops to future requirements.
Expand
BetterSeeds Team
Employee Info
| Employees (range) | 11-50 |
| Exact count | 18 |
| Team members | 6 |
Similar Companies
Similar companies data is computed dynamically and not stored in the entity profile. This section requires implementing a similarity query (e.g. by classification overlap, sector, district).
This entity has 11 classification IDs that could be used for matching.
BetterSeeds Internal
Recent Updates
No update log entries.
Note: Free-text notes visible in the original Finder "Internal" tab are not present in the imported profile data. Only the update audit log is available.
Admin Info
| Confidence | 97/100 |
| Missing | video or image, markets |
| BI Verification | Yanina Wainscheinker |
| Registrar ID | 515729671 |
| Phone | 0747400666 |
| Creator | Ido Margalit |
| Creator email | ido.margalit1@gmail.com |
| Last updater | Ortal Wein |
| Updater email | ortalw@sncentral.org |
| Last update | 2023-01-22T00:00:00.000Z |
| Created | 2020-10-22T00:00:00.000Z |
| Claimed | Yes |