Monsanto has agreed to take equity in and use Sapphire Energy's algae-based research to discover genes that could be applied to agriculture, particularly in the field of yield and stress.
Sapphire Energy, a US-based company that creates fuel out of algae, has raised an undisclosed amount from New York-listed crops company Monsanto.
Monsanto has also agreed to use Sapphire’s algae-based research to discover genes that could be applied to agriculture, particularly in the field of yield and stress.
For Sapphire, this collaboration will also help commercialise algae as a renewable energy crop by finding genes to boost growth.
Sapphire Energy makes bio-energy, which involves applying synthetic biology to…
