TerMir Inc., a North Carolina–based agtech company, focusing on solutions for citrus greening and natural weed control, has been selected as recipient of funding and membership of AgTech Innovation Competition hosted by Alexandria LaunchLabs. Alexandria’s national competition, was successful in attracting approximately 70 emerging agtech applicant companies in areas like crop protection, digital platforms, robotics, next-generation fabrics and animal vaccines from 20 states across the United States.
In May, TerMir and six other finalists—Agrynex (New York), Ascribe Bioscience (New York), EarthSense (Illinois), GALY (California), Mazen Animal Health (Missouri) and TreeCo (North Carolina)—presented their pitches virtually before an esteemed panel of judges. Alexandria LaunchLabs – AgTech selected TerMir as the $100,000 AgTech Innovation Prize winner based on its proprietary, patent-protected technology with a new mode of action for controlling the bacteria that causes citrus greening disease.
“Strategic efforts like our AgTech Innovation Prize are vital to fostering the next generation of leading agtech companies who hold the promise of developing groundbreaking solutions aimed at ensuring a sustainable, accessible and healthy global food supply.”Blake Stevens, PhD, Head of Alexandria LaunchLabs®
The TerMir team is excited to be selected as the prize winner and to become an active member of the campus communities of Alexandria LaunchLabs. Founded in 2016, Raleigh-based TerMir is developing:
- An innovative, safe, and effective treatment for citrus greening. Ichor™, a patented formulation of TerMir break the bacterial disease cycle and eradicate citrus greening.
- A novel biological herbicide portfolio of products, based on a series of plant extracts, to control weeds and enhance crop growth.
Alexandria remains focused on providing mission-critical infrastructure and capital to the essential agtech industry. LaunchLabs provides move-in-ready office and laboratory space, shared equipment and services, creative amenities, and access to capital through its Alexandria Seed Capital Platform. The facility is also home to UPL, Indigo Ag, and Boragen.
Read more at ALEXANDRIA