Kaiima raises $18M for clean gene multipication technology

April 7, 2011 |

In Israel, seed breeding company Kaiima has raised $18 million from Kleiner Perkins Caufield & Byers and current investors Draper Fisher Jurvetson (DFJ) and DFJ Tamir Fishman Ventures Ltd., bring in a total of $26 million in financing, to enhance its Clean Gene Multiplication technology.

The company says it has had success in 30 different plant varieties, and that it is running projects to multiply castor, jatropha, rapeseed, rice, and wheat. It says CGM can boost productivity as much as two-fold by multiplying a plant’s genome, without damaging its DNA.

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