Pairwise Plants

AgribusinessSeries CDurham, USpairwise.com

Latest round

Series C

Last raised

Sep 2024

Total raised

$155M

Investors

6

About Pairwise Plants

Founded in 2017 and headquartered in Durham, US, Pairwise Plants, LLC specializes in leveraging gene editing technology for crop improvement.Pairwise operates as a leading innovator in the agricultural sector, specifically through its proprietary Fulcrum® platform, which integrates CRISPR gene editing technology to develop crops with enhanced traits aimed at improving yield, nutritional value, and climate resilience. The company's core product offerings focus on precision plant breeding tools that enable partners in the agriculture industry to create high-value crop varieties more efficiently. By leveraging these tools, Pairwise addresses key agricultural challenges, including sustainability, disease resistance, and consumer preferences for convenient produce. Its client base includes global agricultural firms, nonprofit organizations, and research institutions that utilize the platform for various applications, such as developing seedless fruits and climate-resilient vegetable varieties.Pairwise's revenue model is primarily driven by partnerships and licensing agreements with various stakeholders in the agriculture value chain. The company collaborates with agricultural firms and research institutions, providing them access to its Fulcrum® platform for gene editing in exchange for licensing fees or joint development agreements. These transactions support a B2B structure where clients utilize the platform to expedite their breeding processes, ultimately leading to the commercialization of enhanced crop varieties. The financial arrangements often involve milestone payments tied to the successful development and commercialization of specific traits or products. Pairwise aims to expand its market presence in Europe, Asia, and Latin America, targeting these regions for product partnerships and licensing agreements by 2025.

Who invested in Pairwise Plants

6 investors across 3 rounds

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Funding rounds

  1. Series C

    Sep 17, 2024

    Amount

    $40M

    Investors

    Locked

  2. Series B

    Feb 3, 2021

    Amount

    $90M

    Investors

    Locked

  3. Series A

    Mar 20, 2018

    Amount

    $25M

    Investors

    Locked

Questions about Pairwise Plants

Who invested in Pairwise Plants?

Pairwise Plants has 6 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Pairwise Plants raised?

Pairwise Plants has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did Pairwise Plants last raise money?

Pairwise Plants's most recent round on record is a Series C, in Sep 2024.

What does Pairwise Plants do?

Founded in 2017 and headquartered in Durham, US, Pairwise Plants, LLC specializes in leveraging gene editing technology for crop improvement.

Where is Pairwise Plants headquartered?

Pairwise Plants is headquartered in Durham, US.

Which VCs invest in companies like Pairwise Plants?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back agribusiness companies at Pairwise Plants's stage. Their profiles are linked below.

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