report_lead_image_with_gradient.png
Q2 2023

PitchBook Analyst Note: Applications for Synthetic Biology in Agriculture

Download this Report
To download this report, please complete the form below

Synthetic bio: farming’s future

Modifying the genetic codes of plants sounds like the experiments of a mad scientist, but it could in fact be the key that unlocks the future of farming. That’s according to our latest analyst note, which explains how synbio startups are revolutionizing the agriculture industry.

Decreasing crop yields and global food shortages are major crises for farmers, but advances in synthetic biotechnology could reverse those trends by developing new plant varietals, tackling climate change, boosting soil health, and cleaning up contaminated fields. However, it won’t be an easy ride: Public companies in the vertical have recorded lackluster revenue, stock performance has suffered, and there’s been a string of M&A and buyout activity.


Table of contents
Executive summary 1
Overview 2
VC activity 3
Market analysis 6
Select exits 8
Industry partnerships 9
Agtech synbio market map 10
Market size 11
Benefits and challenges 11
Synbio techniques and technologies 12
Select VC-backed company highlights 19
       Pivot Bio 19
       Inari 20
       Pebble Labs 21