The Minnesota venture firm adds Vireo Ag to its portfolio, backing the company’s mission to accelerate crop breeding through faster, more efficient genome editing.
Groove Capital, a Minneapolis-based venture capital firm focused on early-stage investments, has added Vireo Ag to its growing portfolio. The Minneapolis ag-tech startup helps breeding programs develop better crops faster and at lower cost by reducing genome editing timelines by more than 70%.
Vireo Ag’s technology eliminates the need for traditional tissue culture methods, enabling seed companies, processors, and producers to improve crop varieties more efficiently while advancing sustainable and profitable farming systems.
The company is co-founded and led by Jenette Ashtekar, PhD, President and CEO, a proven ag-tech executive with a track record in commercializing academic innovations. Before launching Vireo Ag, Ashtekar served as Senior Vice President of Product at CIBO Technologies and spent a decade as a soil scientist and modeler. She holds a PhD in Soil Science from Purdue University.
Vireo Ag’s mission focuses on building sustainable and resilient food systems through advanced genome editing tools that accelerate crop development for a growing global population.
Learn more about Vireo Ag: https://www.vireoag.com
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