St. Louis, MO – According to filings with the U.S. Securities and Exchange Commission, Plastomics is raising $3,276,999.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Sharon Berberich played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Plastomics

Plastomics is developing a novel trait delivery technology that places beneficial traits in the chloroplast of plant cells, rather than the nucleus. The chloroplast derives energy from the sun during the process of photosynthesis, enabling higher expression of Plastomics’ traits, increasing their beneficial properties. Plastomics creates crops that can better withstand the pressure of insects, diseases and weeds while delivering higher yields. Using Plastomics’ technology will give seed companies the benefits of simplified product development, more effective products and new market opportunities. Product development is simplified with Plastomics’ trait delivery platform, which allows for precise trait insertion, easy trait stacking and significantly reduced complexity and time in the breeding cycle. With less time required for trait introgression, products are launched faster into the market. Trait delivery in the chloroplast is also well suited for modification of photosynthetic pathways to increase yield as well as metabolic pathway engineering to deliver crops with enhanced nutrition. Future product development will focus on these and other crop improvements.

To learn more about Plastomics, visit http://plastomics.com/

Contact:
Sharon Berberich, Chief Executive Officer
314-922-7117
sharon@plastomics.com
https://www.linkedin.com/in/sharonberberich/

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