Agradis wants to use genomics to develop plants that could yield more material for biofuels.An agricultural company spun out of biotechnology powerhouse Synthetic Genomics will develop higher-yield biofuel crops. It will also develop combinations of microbes designed to supplement chemical fertilizers and pesticides used in corn and wheat production. Called Agradis, the San Diego-based startup was formed with the Mexican investment firm Plenus. The company announced last week that it has raised $20 million in series A funding.
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