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Value £3,000,000
Summary
Cytotrait, a biotechnology spin-out from The University of Manchester, has successfully secured £3 million in seed funding to advance the development of novel traits for sustainable agriculture and global food security.
Summary of transaction details:
- Value: £3,000,000
- Sector: Biotechnology & AgriTech
- Advisor: Not disclosed
- Key Entities: Cytotrait (Target), Northern Gritstone (Lead Investor), UKI2S / Future Planet Capital, Northern Universities Ventures Fund / Parkwalk
- Location: Manchester, United Kingdom
Note: This seed investment highlights the strategic push by regional venture capital firms to commercialize university-led research in sustainable agriculture, addressing critical supply chain vulnerabilities and climate-resilient farming demands.
Lead Investor / Acquirer
Northern Gritstone
Advising Broker
Undisclosed Firm
Original Source
View the original press release or news article describing this transaction in full.
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