ZeaKal raises money for biotech traits to increase yield

decrease font size  Resize text   increase font size       Printer-friendly version of this article Printer-friendly version of this article

ZeaKal, a plant science company incubated from the pipeline of Kapyon Ventures, LLC, announced it has completed a $3.8 million Series A raise to develop its HME technology platform across major crops. The investment, led by Finistere Ventures, Two Oceans and the Missouri Soybean Merchandising Council (MSMC), and supported by ZeaKal’s Executive Chairman, Jerry Caulder, Ph.D., provides ZeaKal the means to focus on specific crop targets including soybeans and rice. ZeaKal’s HME technology has shown crop yield and oil content increases of up to 50 percent and 34 percent, respectively.

“ZeaKal is very fortunate to have the backing of such a solid investment consortium,” says Han Chen, CEO of ZeaKal. “We now have both a strong financial syndicate led by Finistere Ventures and through the MSMC, a powerful development partner with an established distribution and customer base to accelerate our program faster than we had hoped with just the capital alone.”

“The ZeaKal technology has proven to be extremely effective in increasing yields in other crops,” says Dale Ludwig, CEO, MSMC, “Their technology can revolutionize the future of soybean yields and deserves the support of the investment community and industry.”

ZeaKal will be conducting the development in partnership with the University of Missouri at the laboratories of Henry Nguyen, Ph.D., and Zhanyuan Zhang, Ph.D.


Buyers Guide

Doyle Equipment Manufacturing Co.
Doyle Equipment Manufacturing prides themselves as being “The King of the Rotary’s” with their Direct Drive Rotary Blend Systems. With numerous setup possibilities and sizes, ranging from a  more...
A.J. Sackett Sons & Company
Sackett Blend Towers feature the H.I.M, High Intensity Mixer, the next generation of blending and coating technology which supports Precision Fertilizer Blending®. Its unique design allows  more...
R&R Manufacturing Inc.
The R&R Minuteman Blend System is the original proven performer. Fast, precise blending with a compact foot print. Significantly lower horsepower requirement. Low inload height with large  more...
Junge Control Inc.
Junge Control Inc. creates state-of-the-art product blending and measuring solutions that allow you to totally maximize operating efficiency with amazing accuracy and repeatability, superior  more...
Yargus Manufacturing
The flagship blending system for the Layco product line is the fully automated Layco DW System™. The advanced technology of the Layco DW (Declining Weight) system results in a blending  more...
Yargus Manufacturing
The LAYCOTE™ Automated Coating System provides a new level of coating accuracy for a stand-alone coating system or for coating (impregnating) in an automated blending system. The unique  more...
John Deere
The DN345 Drawn Dry Spreader can carry more than 12 tons of fertilizer and 17.5 tons of lime. Designed to operate at field speeds up to 20 MPH with full loads and the G4 spreader uniformly  more...
Force Unlimited
The Pro-Force is a multi-purpose spreader with a wider apron and steeper sides. Our Pro-Force has the most aggressive 30” spinner on the market, and is capable of spreading higher rates of  more...
BBI Spreaders
MagnaSpread 2 & MagnaSpread 3 — With BBI’s patented multi-bin technology, these spreaders operate multiple hoppers guided by independent, variable-rate technology. These models are built on  more...


Comments (0) Leave a comment 

Name
e-Mail (required)
Location

Comment:

characters left


Kinze 1500 Grain Cart

The Kinze 1500 Grain Cart is engineered for speed and reliability required of custom harvesters. Load up to 1500 bushels ... Read More

View all Products in this segment

View All Buyers Guides

Feedback Form
Feedback Form