Animal Pharm is part of the Informa Intelligence Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. Please do not redistribute without permission.

Printed By

UsernamePublicRestriction
UsernamePublicRestriction

Arcadia Biosciences raises $33 million

The US plant biotechnology company, Arcadia Biosciences (Davis, California), has raised $33 million from a preferred share offering. The round was led by an investment of $30 million from Indian company Mandala Capital and nine existing investors. It plans to use the funds to accelerate the development and commercial introduction of products from the company's agronomic performance and product quality trait technologies. Arcadia's joint venture with Argentine soybean development consortium Bioceres, Verdeca, recently granted a commercial development licence for stress tolerance technology to South American soybean seed company GDM Seeds. Field trials have been completed in Argentina and the US to generate data for regulatory submissions, which are expected this year. Verdeca was formed in 2012 (Agrow No 635, p 22).

Advertisement

Topics

What to read next

Advertisement
UsernamePublicRestriction

Register

AG001831

Ask The Analyst

Please fill in the form below to send over your enquiry or check the Ask The Analyst Page to find out more about the service.

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts

Cancel