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IN BRIEF: Agronomics' Tropic Biosciences UK raises USD35 million

Fri, 08th Jul 2022 18:13

Agronomics Ltd - Isle of Man, UK-based cellular agriculture company - Notes that portfolio firm Tropic Biosciences UK Ltd has raised USD35 million in its latest funding round led by food system investor Blue Horizon.

Tropical Biosciences UK is a gene-editing firm which develops commercial varieties of tropical crops, both with improved performance and protection. The business focuses on banana, coffee and rice crops.

Current stock price: 16.30 pence

12-month change: down 34%

By Dayo Laniyan; dayolaniyan@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

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