Agri-Genomics Startup Piatrika Biosystems Raises $1.2 Million in Seed Funding Led by Ankur Capital
Summary
Vasudev Kumanduri, Co-Founder & CEO, Piatrika Biosystems, said, There remains a significant disconnect between state of the art research and its practical implementation. This means that while there has been ground-breaking research in recent years in computational biology / genomics, data science, cloud and instrumentation, this important knowledge has not been applied in a timely practical manner in agriculture. There is an urgent need to translate these research advances into practical benefit for the agriculturist, the consumer and ultimately the planet through modern, sustainable and ethical food production. The issue goes beyond just the need for social and economic sustainability and into biotic/abiotic stress resilience, over/under production of required nutrition, and exploring better alternatives like bioethanol, squalene, etc from local crops. In this reality, the need for sustainable agriculture precisely, coupled with an aggressive growth strategy has necessitated a change in processes management.Founded in 2019 by Vasudev Kumanduri and Phani Yarlagadda, Piatrika Biosystems is also building a new innovative cloud-based enterprise Platform-As-A-Service (PAAS) for agri-genomic discoveries and plant breeding decision support, program designing, and monitoring.