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Agrivida Inc., a Medford-based developer of new crop varieties for biofuels production, is working with Syngenta Ventures to create new forms of corn and switchgrass, among other crops, that will provide low-cost sugar for industrial use.
The collaboration calls for Agrivida to provide Syngenta with equity in return for Agrivida’s access to Syngenta intellectual property and crop technology.
Agrivida noted in a press release that the sugar can be made at a low cost by reducing biomass processing costs for specific biomass crops and non-food agricultural residues. The company develops gene sets that, when triggered, will produce an enzyme that will degrade the plant’s cell walls, making it easier to ferment the sugars into ethanol.
The Medford company has taken in funding in the last two years from the U.S. Department of Agriculture, which awarded Agrivida a $2 million grant, and from the U.S. Department of Energy, which gave it a $4.6 million Advanced Research Project Agency-Energy award.
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