Tech Company Financing Transactions
Amatera Funding Round
PINC, AgFunder and Exceptional Ventures joined a $1.6 million venture round for Amatera. The round was announced on 10/20/2023.
Transaction Overview
Company Name
Announced On
10/20/2023
Transaction Type
Venture Equity
Amount
$1,580,000
Round
Undisclosed
Investors
PINC (Lead Investor)
private investors (Nicolas Forest)
Proceeds Purpose
Amatera has developed a non-GMO breeding platform for use with perennial crops, accelerating the selection and crossing of plants and advancing plant cell culture. First, its methods are being used to preserve coffee plants helping them to adapt to the environment they are now expected to grow in, due to climate change and diseases.
Company Information
Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
Undisclosed
Paris, Undisclosed
FR
Paris, Undisclosed
FR
Phone
Undisclosed
Website
Email Address
Overview
At Amatera, we aim to leverage on the latest techniques in biotechnology, to create the coffee varieties of tomorrow. While we drink a trillion cups of coffee every year, number expected to triple by 2050, rising temperatures will reduce, in the meantime, the area suitable for growing coffee by up to 50%. It is urgent to make coffee varieties more sustainable and climate resistant to fill that massive demand.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Omar Dekkiche
Chief Technical Officer
Lucie Kriegshauser
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