biotech
Syngenta Invests $100M Venture Capital on Plant Sciences
Filed in archive Corporate and Industrial News , Food and Agriculture by ruth on April 12, 2006
Syngenta Invests $100M Venture Capital on Plant Sciences
Swiss agrochemical giant Syngenta announced that it will invest $100 million to fund plant science-related ventures. The fund, which will be managed by biotech venture capital firm Life Science Partners (LSP), will be used to invest in growth and start-up companies involved in the following industries:
  • crop biotechnology

  • crop protection

  • professional products

  • biomaterials

  • biofuels


Funds will be invested over a three to five year period as appropriate opportunities arise.

With Syngenta and Dupont already teaming up in a venture to market and distribute GM corn and soybean seeds, will this be the beginning of the end of Monsanto's dominance of the genetically modified seed market?


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Tags: agriculture  venture  biotech  capital  sciences  venture+capital  capital+plant  syngenta+invests 
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