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‘Energy crop’ research reaps financing. Targeted Growth Inc. pulls in $10 million VC funding
Can bigger canola seeds help solve the world’s energy crisis?
Thomas Todaro believes they can.
And the 37-year-old chief operating officer at Seattle- based Targeted Growth Inc. http://www.targetedgrowth.com/ just pulled in $10 million in venture capital financing to help make the idea a reality.
The 7-year-old Seattle bioagricultural company plans to use some of the money to continue field tests on a gene enhancement technology — licensed from the University of Washington and the Fred Hutchinson Cancer Research Center — that increases the yields of canola, sugar cane and other "energy crops" by more than 20 percent, Todaro said.
By JOHN COOK
P-I REPORTER
Full Story: http://seattlepi.nwsource.com/venture/267522_vc21.html
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