BioLumic receives $5m from AgriZero NZ to further research

National Business Review NZ reports that AgriZeroNZ is investing up to $5 million in BioLumic, a New Zealand-based agri-biotech company, to advance its UV light technology aimed at enhancing ryegrass. The funding, delivered in two tranches, will support the development of low-emission pastures by increasing the fat content of ryegrass, thereby contributing to more sustainable livestock farming. This investment underscores the potential of BioLumic's non-GMO approach to improving forage crops and reducing agricultural emissions.

Read the full article from NBR here: https://www.nbr.co.nz/tech/biolumic-receives-up-to-5m-from-agrizero-nz-to-further-research/