Bayer and Trendlines establish $10 million innovation fund
Bayer and Trendlines, an Israeli innovation commercialisation company, have announced a partnership to invest in agricultural technology by establishing the Bayer Trendlines Ag Innovation Fund. The flexible five-year partnership agreement includes a $10 million investment from Bayer, which will be managed by Trendlines. The partnership couples Bayer’s decades of experience in agricultural science, innovation and regulatory affairs with Trendlines’ specialization in investing in cuttingedge, early-stage medical and agricultural technologies.
“Israel is a hotspot of innovation and Trendlines offers the right combination of regional know-how and technical experience to be a compelling partner for us,” said Adrian Percy, Head of Research & Development at Bayer’s Crop Science division. “The agricultural market is ripe for groundbreaking innovation and Trendlines, with its focus on developing start-ups and new technologies beyond a onetime investment, shares our commitment to supporting productive, sustainable agriculture.”
Advanced solutions for extreme climate
Extreme climatic conditions, weed resistance and pest pressure are just some of the challenges facing agriculture today. At the same time, farmers are under pressure to produce sufficient, safe and healthy food in a sustainable manner. Through the Ag Innovation Fund, Trendlines and Bayer aim to identify cutting-edge solutions to these challenges and thereby contribute to shaping the future of agriculture.
Bayer’s aim is to help shape the future of the agricultural industry with innovative contributions to increase productivity and enable the production of sufficient food, animal feed, fibre and renewable raw materials for a growing world population. The company invests heavily in research and development in areas such as improved traits, seed technology, seed breeding, agrochemicals and biological products. Collaborating with outside partners, it offers insights into new areas of innovation and visibility for cutting-edge technologies.