October 4th, 2014
Trana Discovery has been listed on AgFunder seeking to raise capital to create Trana Ag Discovery.
Trana Ag Discovery will build a discovery platform that will identify specific chemicals that will destroy the cause of Panama Disease, a fungus which is directly threatening the lives of millions of people and the $9b export banana market.
Bananas are a $9 billion exported crop, and that is only 10-20% of the entire world crop as the rest is consumed locally. It is a critical component of nutrition to the developing world as 400MM people count on this crop (and plantains) for 1/3 of their daily caloric intake. Following a successful fund raise, Trana Ag Discovery will produce multiple bioactive small molecules from which will arise new specific “green” pesticides that will kill only the offending Fusarium mold.
The article at AgFunder, can be read here.