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AgBiome LLC

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CHALLENGE

75% of the world’s poorest people are smallholder farmers. Farmer families need access to sustainable avenues to improved staple crop productivity and access to markets in order to lift themselves out of poverty.

PROGRAM STRATEGY

The foundation invests in science and technology development that can lead to new avenues for crop improvement. 

  • The foundation AgDev R&D strategy has developed a systems biology portfolio to explore leveraging the crop microbiome to improve productivity.
  • The foundation supports the development of products that have the potential to improve yields and thus incomes of smallholder farmers.

PARTNER

AgBiome LLC
Agricultural technology company focused on harnessing the plant microbiome to develop novel agricultural products to improve crop productivity.

Foundation focus: Application of AgBiome’s platform technology to discover and develop products to protect the priority staple crops from specific stresses (e.g. pests, diseases, weeds).

INVESTMENT

Series B Preferred Equity
Date: December 2015
Co-investors: Polaris Partners, ARCH Venture Partners, Harris & Harris Group, Innotech Advisers, Monsanto Growth Ventures, Syngenta Ventures, UTIMCO, Pontifax AgTech
Associated funding: future project funding

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