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Pairwise Raises $90 Million to Bring New Varieties of Fruits and Vegetables to Market


Press release content from Business Wire. The AP news staff was not involved in its creation.
Pairwise Raises $90 Million to Bring New Varieties of Fruits and Vegetables to Market
February 3, 2021 GMT
DURHAM, N.C. (BUSINESS WIRE) Feb 3, 2021
Pairwise announced the closing of its $90 million Series B funding round, signaling a new frontier in healthy, sustainable food innovation. Funding for the round was led by Pontifax Global Food and Agriculture Technology Fund (Pontifax AgTech), a pioneering growth capital investor in food and agriculture technology, and existing investor Deerfield Management Company (Deerfield), an investment firm dedicated to advancing healthcare through investment, information and philanthropy. Also joining the Series B round are new investor Temasek, an investment company headquartered in Singapore, and existing investor Leaps by Bayer, which invests in paradigm-shifting advances in the life sciences sector, including agriculture and health ....

United States , North Carolina , Massachusetts Institute Of Technology , Harvard University , Santa Monica , Laura Mccarthy , Pontifax Agtech , Ben Belldegrun , J Keith Joung , Temasek Charter , David Liu , Tom Adams , Feng Zhang , Broad Institute , Pontifax Agtech Co , Agriculture Technology Fund Pontifax Agtech , Harvard Broad Institute , Broad Institute Of Harvard , Merkin Institute Of Transformative Technologies In Healthcare , Deerfield Management Company , Professor Of Pathology At Harvard Medical School , Pontifax Global Food , Agriculture Technology Fund , Pontifax Agtech Co Founder , Managing Partner Ben , Cam Wheeler ,