We are extremely proud to share two significant updates today that are not only big steps forward for our company, but also for realizing the global promise of gene editing technology in agriculture:
1) We have formed a five-year joint venture with Corteva Agriscience to accelerate the delivery of advanced gene editing products and technology, and develop crops that are more resilient to extreme weather events and climate change.
2) In parallel to this new collaboration, we have closed a $40M Series C funding round. Investors including Deerfield Management, Aliment Capital, and Leaps by Bayer, are joined by new investor Corteva through its Corteva Catalyst platform. Investments from this funding round will be used to scale our innovative product pipeline, including seedless berries and pitless cherries, as well as advance our industry-leading Fulcrum™ Platform.
“Gene editing is poised to revolutionize agriculture, enabling the cultivation of crops that are more adaptive to climate change, are more nutritious and convenient for consumers, and deliver greater economics for growers. Through our Fulcrum™ Platform, we’re proud to be at the helm of applying this transformative technology in agriculture and, alongside partners like Corteva, accelerate the realization of these benefits across global stakeholders.” - Tom Adams, Pairwise Co-Founder and CEO
Read the two announcements in our newsroom here: https://hubs.li/Q02Q1L3R0
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Thanks for the samples!