We write about a lot of high-tech stuff here at GeekWire. But here’s a new company that’s bringing a high-tech twist to one of the region’s oldest industries: agriculture.
Phytelligence today announced that it has received an undisclosed investment from leading angel investors in the region to continue development on the apple and cherry tree of the future, developing trees which are more robust and bear fruit quicker.
That could mean big bucks in a state like Washington, the biggest apple producer in the country. The researchers at Phytelligence also are working on new pear and cherry varieties, as well as more robust grape varieties.
CEO Chris Leyerle said that the financing round was oversubscribed, and included cash from individuals and businesses in the Pacific Northwest tree fruit industry. A spin out of Washington State University, Phytelligence also today announced that it has begun taking orders from customers.
“Many of our customers recognize the benefits we can provide based on our proprietary technologies and know-how,” said Leyerle. “The broader industry urgently needs what we can now offer, which is why so many of our customers have decided to be our investors as well.”
Also on GeekWire Today: Bigger and better bamboo? Pendrell buys 68% stake in bamboo science firm Provitro
Here’s a look at Leyerle presenting the company’s business model at the Northwest Entrepreneur Network’s First Look Forum.