BizWest published a round-up of Colorado companies to watch in 2018 and featured FRB as the number one pick in the agribusiness section.
Front Range Biosciences Inc., a startup agricultural biotech firm based in Lafayette, raised nearly $5 million in private-equity this past year as it ramps up efforts to bring attention to its products and services.
Front Range Biosciences, founded in November 2015, provides industrial-scale tissue-culture propagation and advanced breeding for plants that will be less susceptible to diseases and mold contamination, reducing the need to use pesticides.
The company is using genomics to map plant traits and advanced marker-assisted breeding to create new varietals with improved commercial value.
“Investor demand was greater than expected, and we oversubscribed the round, validating our unique value proposition,” said Nick Hofmeister, the company’s chief operating officer and a co-founder.
You can read the full article here: BizWest shines spotlight on intriguing firms