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Trendlines Group ( (SG:42T) ) has issued an announcement.
Trendlines Group’s portfolio company, IBI Ag, has successfully raised $10 million in a Series A funding round led by Corteva, marking a significant milestone in the development of its nanobody-based bioinsecticide platform. This investment will accelerate IBI Ag’s product development and regulatory milestones, advancing its biological pest control solutions towards commercialization, and highlights the potential of Trendlines’ investment model to foster disruptive innovation in the agrifood sector.
More about Trendlines Group
Trendlines Group is an investment group focusing on agrifood and medtech innovation. It is involved in nurturing and advancing technologies that address global challenges in food production and healthcare.
Average Trading Volume: 6,663,233
Technical Sentiment Signal: Buy
Current Market Cap: S$81.86M
Find detailed analytics on 42T stock on TipRanks’ Stock Analysis page.