Program Funds Novel Method for Genome Editing; Trial will Focus on Tomato Plants
DAVIS, CA and KANSAS CITY, MO–June 26, 2018–TechAccel, the Kansas City–based technology and venture development company, today announced its selection of a grant recipient under the Venture Catalyst Science Translation and Innovative Research (STAIR™) Grant program at The University of California, Davis.
Anne Britt, Ph.D., a professor in the UC Davis Department of Plant Biology, will receive $50,000 to perform a proof-of-concept of her technology–a novel method of rapid and efficient gene editing in a tomato plant.
TechAccel earlier committed to an expansion of the Venture Catalyst STAIR grant program, which is in its fifth year. TechAccel was also represented on the STAIR Grant selection committee that reviewed 29 applications from UC Davis researchers for this year’s award. The winning candidate receives funding for proof-of-concept research aimed at demonstrating commercial feasibility.
“Anne’s approach to gene editing is potentially simpler than existing methods,” said Brad Fabbri, Ph.D., TechAccel’s Chief Science Officer. “For certain crops, the technology avoids the tissue culture and cell biology steps that are typically required to effect gene engineering in plants.”
Dushyant Pathak, Ph.D., Associate Vice Chancellor for Research and Executive Director of Venture Catalyst at UC Davis, noted that TechAccel’s expanded funding resulted in twice the number of applications in the targeted areas of plant and animal agriculture, animal health, animal nutrition and technologies to reduce post-harvest food waste and increase food safety.
“We are excited to see the support from TechAccel leading to increased engagement across our campus in these important areas of translational research, and look forward to the impact it will have on the very promising technology being developed by Professor Britt,” he said. “We look forward to continued engagement with TechAccel in support of our mission to translate cutting-edge research and university innovation into products with societal impact.”
In addition to the TechAccel-funded grant, the program awarded five additional grants. See UC Davis for more details on the projects funded.
Members of the TechAccel team will serve as mentors to the grant-winning researcher, and may also consider the project for future TechAccel investment, in alignment with the TechAccel business model. The company invests in innovative technology and funds science advancement programs to accelerate readiness for commercialization.
TechAccel recently announced an investment in a science advancement project at The Siegel Lab in the Genome Center at UC Davis. This project, led by Justin B. Siegel, Ph.D., Faculty Director of the Innovation Institute for Food and Health, Assistant Professor of Chemistry, Biochemistry & Molecular Medicine at UC Davis, is directed toward identifying mutations in a wheat enzyme that can produce plants capable of thriving in warmer temperatures.
TechAccel began its collaboration with UC Davisin 2016 with its participation in the Venture Catalyst STAIR-PlusTM program, which supports STAIR grant recipients who successfully achieve their commercialization milestones.
TechAccel LLC was founded in 2014 as a first-of-its-kind technology and venture development company in the agriculture, animal health and food technology sectors. TechAccel sources, invests in and acquires early-stage innovations. Through collaborations with universities and research institutions, TechAccel conducts advancement and de-risking research and development to ready technologies for commercialization. For more information, visitwww.techaccel.net. Follow us on Twitter at @Tech_Accel.
About UC Davis
UC Davis is a global community of individuals united to better humanity and our natural world while seeking solutions to some of our most pressing challenges. Located near the California state capital, UC Davis has more than 35,000 students, an annual research budget of over $780 million and a comprehensive health system. The university offers 102 undergraduate majors and 99 graduate programs through four colleges and six professional schools.
About Venture Catalyst
Venture Catalystis one of three units within the Technology Management & Corporate Relations division of the UC Davis Office of Research. Venture Catalyst furthers the university’s educational, research and public mission by supporting UC Davis students, faculty and researchers in translating science, engineering and innovative research, through well-resourced startups, into societal impact.