Pontifax Backs UK gene editing company in $10 million A round

Tropic Biosciences is developing decaffeinated coffee varieties and bananas with a longer shelf life using CRISPR gene editing technology that Pontifax managing partner Ben Belldegrun tells Agri Investor is drawing biotech investors into the market. Food and ag-focused growth capital investor Pontifax AgTech has helped lead a $10 million Series A round for Tropic Biosciences, a UK- headquartered plant breeding company using gene editing technology to develop tropical crops. Santa Monica-headquartered Pontifax co-led the round with Five Seasons Ventures, a food-tech-focused venture capital fund headquartered in France. Co-investors in the round included Tekfen Ventures, Bits x Bites and a pai

FoodLogiQ Announces Blockchain Pilot Alongside Industry Leaders

“As a technology pioneer with a legacy of success in enhanced traceability, FoodLogiQ will be taking the lead on blockchain exploration within the food space,” says FoodLogiQ CEO Dean Wiltse. FoodLogiQ, the leading SaaS provider of traceability, food safety and supply chain transparency solutions, together with a select group of customers, announced today the launch of a blockchain pilot. AgBiome Innovations, Subway®/Independent Purchasing Cooperative, Testo, Tyson Foods and others are partnering with FoodLogiQ to test the application of blockchain to raise transparency within their supply chains. During the project, which is set to kickoff in Q3 2018 by the tech company’s innovation arm Foo

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