Evolutionary Genomics takes first round for biofuel discovery
Evolutionary Genomics, a research company working on gene discovery technologies to help raise yields in plants grown for biofuels, has taken an undisclosed amount in a first round of funding, according to VentureWire.
The company uses a technique it calls the Adapted Traits Platform, which helps narrow down the choices when combing through large gene sets for desirable traits. Aside from work on food crops like rice and corn, EG also does work with monkeys to identify genes for HIV resistance.
Altira Group led the funding. Although the amount was not given, EG did tell VentureWire that it has raised over $7 million to date.
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About the Author, Chris Morrison
Chris Morrison writes about cleantech and environmental issues for VentureBeat, with occasional forays into gaming and semantic technology. He got his start writing about tech for Business 2.0 magazine, but quickly realized new media was the ticket when that institution closed its doors in 2007. Chris has also covered public equities and regulatory issues. He originally hails from southern Virginia, graduated from Evergreen State College in Washington, and now lives in San Francisco.