Performance Plants raises more VC funding


Performance Plants Inc (PPI) has received another $1.5 million in venture financing to help commercialize its plant growth technology, and is seeking a further $17 million to register and launch its products in North America. The Kingston ON-based firm has developed a suite of Value Enhanced/Stress Tolerance Technology products that use precise metabolic engineering to regulate a plant’s genes. The follow-on financing is provided by Golden Opportunities Fund


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