Yeda announces partnership with Impact NRS to develop environmental solutions for sustainable food sourcing
As part of the agreement, Impact will invest over $12.4 million in newly-formed company Plantae Bioscience to develop nutritious alternative food sources that reduce environmental strains
CTech | 13:45 11.08.2021
American-Israeli company Impact NRS will partner with Yeda, the commercial arm of the Weizmann Institute of Science, to form Plantae Bioscience, a company which will focus on developing nutritious alternative food sources that reduce environmental strains on land reserves, water sources, and lower carbon dioxide emissions. Impact NRS will invest over NIS 40 million ($12.4 million) in research over the next three years. Some of that research includes using computational technologies to improve proteins, studying the evolution of enzymes, engineering metabolic pathways, and genome editing in plants. The company's development team will be led by Dr. Eyal Emmanuel from the Weizmann Institute of Science, and will be overseen by Prof. Sarel-Jacob Fleishman of The Department of Biomolecular Sciences; Prof. Asaph Aharoni, head of the Science Department of Plant and Environmental Sciences, and Prof. Avraham Levy, Dean of the Faculty of Biochemistry. The team will also be joined by Dr. Yaarit Wainberg, VP of the Impact NRS group and the company's Chief Operating Officer, and was spearheaded by late-Prof. Dan Tawfik, who was a world-renowned researcher in the field of biochemistry and studied the evolution of proteins.
While the company's headquarters are in Manhattan, New York, its innovation labs and offices are based in New York state and Tel Aviv, and its labs are in Rehovot.