Organization: Performance Plants Inc

PPI and Bayer strike third licensing deal

Performance Plants Inc. (PPI), King-ston ON, and Bayer CropScience have entered their third licence agreement giving Bayer evaluation and commercial rights for PPI’s heat and drought tolerance technology as it applies to wheat. The agreement follows licences in 2009 and 2011 for PPI technology related to cotton. Wheat accounts for 25% of the world’s arable…

PPI and Bayer strike third licensing deal

Performance Plants Inc. (PPI), King-ston ON, and Bayer CropScience have entered their third licence agreement giving Bayer evaluation and commercial rights for PPI’s heat and drought tolerance technology as it applies to wheat. The agreement follows licences in 2009 and 2011 for PPI technology related to cotton. Wheat accounts for 25% of the world’s arable…

PPI inks licensing deal with India’s Mahyco

Performance Plants Inc (PPI) has entered into a licensing agreement with Maharashtra Hybrid Seeds Company Ltd. (Mahyco) for technologies that enhance crop yield and resist heat and drought. Mahyco is one of India’s largest and most diverse private seed companies and one of the leaders in the Indian seed market. The deal is the latest…

Performance Plants signs deal with Chinese firm

Kingston ON-based Performance Plants Inc (PPI) has signed a collaborative licensing agreement for corn and four-year R&D collaborative licensing agreement for rice and soybean with Beijing Dabeinong Technology Group Co Ltd. The deal is part of PPI’s strategy to establish global technology and product development agreements to commercialize its technologies. China is a major producer…

Performance Plants raises $13 million

Kingston ON-based Performance Plants Inc (PPI) has raised $13 million in private equity to further develop its crop seed traits, accelerate commercialization of its food crop traits and develop its recent foray into biofuels. The equity financing was led by Toronto’s Ceres Global Ag Corp and includes Eastwood Capital Corp, Toronto, Endurseaux, Montreal, and a…

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…

Plant genetics firm receives follow-on financing

Performance Plants Inc has secured an additional $4.8 million in financing to support its program for the development of genetically modified crop plants. The Kingston ON-based firm received the financing from a syndicate of investors including VentureLink Fund (Toronto), Dynex Capital Limited Partnership (Kingston), Saskatchewan Opportunities Corp and Queen’s Univ’s PARTEQ Innovations. The funds will…