PGI Lands $250,000 VC Investment
Performance Genomics Inc., a Truro-based biotech company that aims to improve the fertility of livestock, has received a $250,000 equity investment from Innovacorp, capping off a year in which it has raised more than $500,000 from a variety of sources.
One of the veterans of the region’s life sciences industry, PGI identifies genes that control reproductive performance in mammals and is developing genomics tests to predict how long livestock will stay fertile. If farmers can identify which cows stay fertile the longest, they can employ selective breeding to ensure their cattle produce