ADM Ventures, the corporate venture capital arm of ADM, announced on June 2 its collaboration with the Genesis Consortium. Genesis, founded by Silicon Valley-based investors SOSV and Mayfield Fund, is a global alliance of venture capital firms and corporations dedicated to supporting startups that leverage biology to promote human and planetary health. SOSV is the parent company of IndieBio, a leading startup accelerator and early-stage investor for biology-centered startups worldwide. (Logo quoted from ADM’s website)

A global leader in human and animal nutrition, ADM actively partners with innovators advancing sustainability across the company’s diverse, global business. Recently announced engagements with startup companies such as Air Protein, Spiber, and NET Power underscore ADM’s dedication to sustainable innovation. This new partnership will accelerate the commercial launch and scale-up of startups that leverage biology to promote human and planetary health.

The Genesis Consortium unites a diverse network of technologists, venture investors, and corporations to translate life science breakthroughs into commercially viable businesses that solve pressing human and planetary health problems. Genesis builds a strong foundation for the early-stage venture ecosystem by supporting scientific and technical founders with the resources necessary to scale their life science startups from the earliest stages.

In addition to acceleration and incubation support for startups, the Genesis Consortium’s activities include regular events focused on emerging breakthroughs in life science, frequent tech talks and seminars at IndieBio’s event centers in San Francisco and New York, and an annual corporate engagement conference for venture investors and relevant corporations.

ADM Ventures invests in cutting-edge start-ups with disruptive technologies across three key areas: human nutrition, animal nutrition, and sustainability. More precisely, ADM Ventures seeks to create functional and clean label ingredient portfolios that advance the growth strategy of ADM by both investing in and collaborating with startups that are focused on improving human and animal health and nutrition. 

ADM Ventures also seeks startups that utilize ADM’s assets and feedstocks to produce sustainable materials, in addition to technologies that enhance the effectiveness or efficiency of ADM’s operations. ADM Ventures’ separate internal, incubated new products group creates and operates new product lines and new businesses for ADM.

(IRuniverse)

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