Plantae Bioscience News
5 articles
growth-positive
80 Acres raises more than $100M, buys biotech company
80 Acres Farms, a vertical farming startup based in Hamilton, announced that it raised $115 million in capital last year, marking one of the largest capital raises in the Cincinnati region. Although this amount does not surpass their 2021 Series B round of $160 million, it demonstrates strong investor confidence in the companys vision for controlled environment agriculture. Additionally, 80 Acres Farms acquired Plantae Bioscience, an Israeli biotechnology company, to enhance its technology platform and expand its retail and ingredients channels. This strategic move aims to better meet customer needs and solidify the companys position in the market.
InvestmentAcquisition
growth-positive
"יכולים לשנות סדרי עולם": חברת הפודטק פלנטיאה יוצאת לאור
Plantae Bioscience, a foodtech company, is emerging with a mission to revolutionize food production in response to climate change. Formed by professors from the Weizmann Institute, the company is developing technologies to create heat and drought-resistant plants. Their innovative approach aims to address the global food crisis exacerbated by climate issues. The companys vision is to make a significant impact on the food industry by leveraging advanced scientific research and technology.
growth-positive
Yeda announces partnership with Impact NRS to develop environmental solutions for sustainable food sourcing
American-Israeli company Impact NRS will partner with Yeda, the commercial arm of the Weizmann Institute of Science, to form Plantae Bioscience. Impact NRS will invest over $12.4 million in research to develop nutritious alternative food sources that reduce environmental strains. The company aims to utilize plants for nutritional purposes to promote a healthier lifestyle while reducing the use of resources in agriculture.
Partners
growth-positive
חברה חדשה של מכון ויצמן ו-Impact NRS תשקיע בפתרונות אקולוגיים בלעדי
Impact NRS, a company that initiates companies in the field of environment, nutrition, and health based on academic knowledge, has announced the establishment of a joint company with Yeda, the technology trading company of the Weizmann Institute. The new company will be called Plantea Bioscience and will invest about 40 million shekels in a joint project that will bring together three leading scientists from the institute for new developments in the areas of NRS expertise. The new company aims to develop solutions in areas such as computational technologies for protein improvement, directed evolution of enzymes, discovery and engineering of metabolic pathways, and genomic editing in plants.
InvestmentPartners
growth-positive
Impact NRS LLC Creates Plantae Biosciences LTD to Develop and Commercialize Highly Impactful Multidisciplinary Discoveries in Plant Sciences in collaboration with Yeda, the commercial arm of the Weizmann Institute of Science
Impact NRS LLC, an innovation company, has partnered with Yeda, the commercial arm of the Weizmann Institute of Science, to launch Plantae Biosciences LTD. This collaboration aims to develop solutions for the global Food & Beverage industry and address global nutrition and environmental security challenges. The partnership involves renowned scientists from the Weizmann Institute, which is highly ranked for research quality. The collaboration is expected to leverage the expertise of both organizations to create transformative solutions in plant research and biotechnology. Impact NRS LLC is focused on health, wellness, and sustainable development challenges, and this partnership is seen as a strategic move to enhance their capabilities in these areas.
Partners
