Amfora

Overview
News
Crop Biotech?
Product stageSegments
Minimum Viable Product
?
Gene editing, Precision breeding
?

Amfora is an agricultural biotech company that uses CRISPR-Cas9 gene editing technology to make plant-based alternatives for animal protein and increase the protein content of staple food crops. The company also uses DNA markers, phenotyping tools such as single-seed near-infrared spectroscopy (NIR), and AI tools for advanced crop breeding methodologies to enhance crop genes affecting the protein, oil, and yield content in feed crops.

Amfora is developing a family of feed and food crops, the latter of which includes soybeans wheat, and rice, and provides the suppliers of plant-based meat and dairy alternatives with their primary ingredients. The company is also involved in aquaculture feed with the development of a low-cost plant-based protein for farmed seafood.

The company’s patented CRISPR technology leverages gene editing to control the balance between protein and carbohydrates, thereby increasing protein in all crops. The CRISPR technology also lowers the glycemic index and starch, optimizes the amino acid profile, and enhances micronutrients in its food crops.

In May 2024, Amfora announced it received approval from the US Department of Agriculture’s Animal and Plant Health Inspection Service (APHIS) for its soybean, with expected commercialization by 2027.

Key customers and partnerships 

Amfora partnered with the Australian Commonwealth Scientific and Industrial Research Organisation (CSIRO) in April 2017 and Corteva Agriscience in April 2019 to receive licenses from the two partners to develop oil and protein content in food crops.

In March 2021, it partnered with Plastomics to use its trait delivery technology to introduce Amfora’s gene-editing constructs into soybean germplasm. The company partnered with McClintock in July 2023 to combine its phenotyping tools with McClintock’s AI and machine learning breeding solutions to accelerate efforts of increasing soybean productivity.

HQ location:
San Francisco CA USA
Founded year:
2016
Employees:
1-10
IPO status:
Private
Total funding:
USD 12.0 mn
Last Funding:
USD 1.0 mn (Series B; Jul 2021)
Last valuation:
-
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