RESEARCH TRIANGLE PARK - Advanced Animal Diagnostics, a Morrisville diagnostics and data systems company, has $7 million more to explore the human health
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CAMBRIDGE, Mass., May 25, 2021 /PRNewswire/ Invaio Sciences, Inc., a Flagship Pioneering company focused on unlocking the potential of the planet s interdependent natural systems to solve pressing agriculture, nutrition and environmental challenges, today announced the closing of a Series C financing round totaling $88.9 million. Joining founder and principal backer Flagship Pioneering is Stage 1 Ventures, Bluwave Capital, Alexandria Venture Investments, and others. With this financing, Invaio has raised more than $142 million since its founding in 2018. Our ambition is to build the most impactful and valuable crop health company on the planet, said Ignacio Martinez, Co-Founder and CEO of Invaio. The world is changing quickly, and food production practices must adapt to keep pace with evolving consumer demands, changing environmental conditions and increased stress on ecological resources.
Ginkgo unveils its stock ticker, a biotech venture fund raises $515m, and a unicorn is born
By Anissa Gardizy Globe Staff,Updated May 14, 2021, 2 hours ago
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Jason Kelly, cofounder and chief executive of Ginkgo Bioworks.Scott Eisen/Bloomberg
Hereâs a roundup of five local life-science deals and fundraising events that people are talking about this week.
Ginkgo Bioworks
After announcing a $17.5 billion merger with a SPAC (blank check company) earlier this week, Ginkgo Bioworks on Friday (finally) unveiled its stock ticker as it plans to go public: âDNA.â The biotech explained in a Twitter thread why it chose the ticker, which was first used by Genentech before it was acquired, and why it decided against more obvious trading symbols, such as âGKGOâ or âCELL.â
(photo courtesy of Inari)
Posted:
May 12, 2021 / 12:10 PM EST
WEST LAFAYETTE, Ind. (Inside INdiana Business) A Boston-based company with a large presence in West Lafayette has closed on a $208 million Series D round of funding. Inari, which opened its Seed Foundry in the Tippecanoe County city in 2018, says it will use the funding to further accelerate the development of its science platform and product development for corn and soybeans in North and South America.
Inari says the funding round will allow it to “advance its mission to restore diversity in food by unlocking the full potential of seed to sustainably transform the global food system.”