AgriZeroNZ invests $6.3m in US biotech BiomEdit

AgriZeroNZ invests $6.3m in US biotech BiomEdit
AgriZeroNZ's chief executive Wayne McNee. (Image: Supplied)
Riley Kennedy
AgriZeroNZ has invested $6.3 million (US$3.5m) in biotech company BiomEdit to help boost the development of its probiotic-based feed additive designed to boost productivity and reduce methane emissions from dairy cows.It formed part of the United States' Series B funding round, which raised over US$18m.AgriZeroNZ was established in 2023 as a joint venture between the New Zealand Government and the private sector, including major agribusinesses and banks.It invests in companies working to reduce agricultural greenhouse gas emissions.Its late...

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