Tuesday, March 26, 2013

ZeaKal Raises $3.8M

San Diego-based ZeaKal, a plant sciences startup focused on developing technology to increase the yield and oil content of crops, said this morning that it has raised $3.8M in a Series A funding. The round was led by Finestere Ventures, Two Oceans, and the Missouri Soybean Merchandising Council (MSMC). The firm said it is targeting soybeans and rice to increase crop yield and oil content. The firm is headed by Han Chen, and was incubated by Kapyon Ventures, a San Diego based incubation firm focused on the development of technology startups from global research institutes. ZeaKal explained that it is developing its technology in partnership with the University of Missouri. More information »

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