Tropic raises $105M to scale gene-edited bananas
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Tropic, a UK agbiotech firm, secured $105 million to expand production of its gene-edited banana varieties, the first new commercial types in over 75 years, aimed at combating Panama Disease and meeting growing demand.
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The Norwich-based agbiotech company launched the first new commercial banana varieties in more than 75 years in 2025. Now it has to build enough supply to meet demand. The world’s favourite fruit is in serious trouble. Panama Disease Tropical Race 4, a fungal pathogen that travels in soil and water and leaves no cure in […]
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