The Ceres Agritech Knowledge Exchange has secured $28m and will exploit research from the universities of Cambridge, East Anglia, Hertfordshire, Lincoln and Reading.

Ceres Agritech Knowledge Exchange Partnership, a research-focused fund targeting institutions including five universities, secured £19.8m ($28m) on Tuesday from the UK government and unnamed investors.

The partnership will commercialise agritech projects from the universities of Cambridge, East Anglia, Hertfordshire, Lincoln and Reading, as well from independent research organisations NIAB, John Innes Centre and Rothamsted Research.

Undisclosed corporate and VC investors provided $21.3m of the capital, with the remaining $6.8m awarded by the $125.5m Connecting Capability Fund (CCF), a UK…