Arcadia snags $15M for heartier Safflower Oil
Arcadia Biosciences, a company that engineers crops for agricultural efficiency and human health qualities, raked in $15 million in a second round of funding led by Exeter Life Sciences and including BASF Venture Capital America, CMEA Ventures and Saints Capital.
The money will go toward the launch of the Davis, Calif.-based company’s first product, GLA Safflower Oil, modified to have high gamma linolenic acid content and make food it’s used in more hearty and healthy. The… Continue Reading