Davis, California/ Leverkusen, Germany, November 3, 2022— NuCicer, an agri-food innovation business pioneering ultra-high protein chickpeas by utilizing the abundant biodiversity of wild chickpea loved ones, today reveals the closure of an extra seed financial investment round. The financing, led by Leaps by Bayer, the effect investing arm of Bayer AG, along with Lever VC, Blue Horizon, and Trellis Road follows an earlier financial investment round led by Lever VC in October2021 It will enable NuCicer to scale production of its first-generation chickpea ranges with 75 percent greater protein material, targeting to minimize chickpea protein active ingredient expenses by 50 percent, and broaden existing deal with downstream partners and clients to bring economical, sustainable plant proteins to end-consumers in 2023.
NuCicer’s artificial intelligence and genome-guided breeding platform works to reinvent the plant protein market by increasing the protein material of chickpeas, a high-demand yet high-cost protein source, to minimize production expenses and meet customer need. The innovation is rooted in decades-long clinical research study led by Professor Douglas Cook at UC Davis, the world’s preeminent specialist on chickpea genes and NuCicer’s co-founder and Chief Scientific Officer. With 40 x more hereditary variety than business ranges, the Company’s large germplasm library incorporates wild chickpea genes with elite cultivars through cross breeding, producing preferable qualities that support significant chances at every phase of the food system.
Long-term, the stability of the international food system counts on enhancing the environment strength of crops. Chickpeas naturally have a number of environment durable characteristics, consisting of high water-use performance and nitrogen fixation abilities that add to soil regrowth. NuCicer’s genomic-guided breeding platform allows the discovery of hereditary controls for essential qualities that even more improve environment durability such as tolerance to heat, dry spell, acidic soils, and illness.
” Expanding economical, scalable plant protein beyond presently offered soy components is a crucial and immediate requirement for our food system. Today’s financial investment round is a substantial minute for