UNC Chapel Hill’s agricultural technology developer AgBiome has increased its overall funding to $230m following the series D round.
AgBiome, a US-based agricultural technology spinout from University of North Carolina at Chapel Hill, collected $116m in series D funding yesterday.
The round was co-led by venture capital firm Novalis LifeSciences and investment firm Blue Horizon while undisclosed new and existing investors also contributed to the financing.
Founded in 2013, AgBiome has developed the Genesis platform, which is able to identify the gene sequences and strains of microbial life that could potentially protect agricultural crops from pests and…
