British Gene-Editing Startup Tropic Secures $105 Million for Banana Production

Tropic, a UK-based gene-editing company, has successfully raised $105 million in new funding to enhance its production of non-browning bananas. Bloomberg posted on X, highlighting the company's innovative approach to addressing food waste and improving the shelf life of bananas. The investment will support Tropic's efforts to scale up its operations and bring its genetically modified bananas to market. This funding round reflects growing interest in biotechnology solutions aimed at reducing food spoilage and increasing agricultural efficiency.