By Amarelle Wenkerk
The Israel-based company develops root-focused plant breeding methods that increase crop yields, and improve plant tolerances to heat, cold, and soil borne diseases
Rootility develops root-focused plant breeding methods that increase crop yields, and improve plant tolerances to heat, cold, and soil borne diseases. It collaborates with seed companies and food processors including California-based industrial tomato grower Morning Star Co.
Existing investors including Israeli agriculture and foodtech fund GreenSoil Investments, and Middleland Capital, a U.S. agricultural tech venture capital firm, also participated in the funding.
According to Gideon Soesman, Rootility’s co-founder and managing partner, the company’s technology can increase yields by 50%-70%. Mr. Soesman was interviewed by Calcalist on the sidelines of the Agrivest Israeli Agtech conference held in Tel Aviv. “If you take care of the root system, making sure it is more resilient to temperature and humidity, than you get a stronger plant with greater yield,” he said.
Senior investment director at ADM Capital Alastair Cooper will join Rootility’s board of directors.