Performance Plants
Kingston
About Performance Plants
Performance Plants Inc. (PPI) is a privately owned, internationally recognized, mature agriculture biotechnology developer with a series of powerful, validated ‘game-changing’ technologies that are readily applied to major staple crops for significant improvement of their productivity. The company has a solid R&D platform, a robust pipeline of products, and a successful commercialization strategy that has secured licensing or co-development agreements with many major multinational seed companies such as Bayer Cropscience, RiceTec, DBN, Biocentury Transgene and Mahyco. The company has recently opened up the Chinese and Indian market by establishing multiple licensing and commercial product development agreements with leading Chinese and Indian seed and agricultural biotechnology companies. Performance Plants is involved in gene discovery, trait development & commercialization of technologies for seeds to protect and enhance yields in all major crops globally. PPI’s technology will allow farmers in many countries to increase yields and reduce the need for irrigation, particularly in drought and heat stressed areas. It also reduces the need for other costly and potentially harmful chemicals while helping to feed a growing population and reduces emissions and water usage. Their technology has shown to increase the yield of biomass for non-food biofuel crops. PPI does not introduce any foreign genes into its products; rather it regulates the plant's own genes to increase or decrease expression of the genes responsible for key traits. In August 2013, PPI signed their 3rd commercial license agreement with Bayer CropScience for the use of PPI’s Heat and Drought Tolerance Technology in wheat. This agreement is significant as wheat is very susceptible to heat above 26 degrees Celsius. Bayer CropScience is a world leader in wheat seed sales and in development of next generation high-yielding wheat crops using biotechnologies.
Company Facts
- Operating status: Active
- Company type: For Profit
- IPO status: Private
- Employees: 11 – 50
- Estimated revenue: $1K – $10K
- Total funding: $30.5M
- Last round: Series Unknown (Mar 2009)
- Website: performanceplants.com
- Phone: +1 (613)545-0390
Industries & Categories
Agriculture, Biofuel, Biotechnology
Social Profiles
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