UQ spin-out wins $3 million investment for disease-resistant crop technology

21 Aug 2018
A sorghum crop.
A sorghum crop.

Farmers across the world could soon access disease-resistant crops using technology discovered by researchers from The University of Queensland after Brisbane start-up Nexgen Plants secured $3 million in investor backing.

The Australian biotech company, launched by UQ’s commercialisation arm UniQuest in 2013, today received $1.5 million from the Queensland Government’s Business Development Fund (BDF), matched by existing investors Uniseed ($500,000) and Yuuwa Capital ($1 million).

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