Funding for agri-tech project

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Phytome Life Sciences at Trelonk

A futuristic farming project in Cornwall has received £1.63 million of Government investment through the UK Shared Prosperity Fund.

The grant builds upon the Phytome Life Sciences’ groundbreaking work in the emerging field of botanical medicine development and will be used to expand the infrastructure that supports its portfolio of research programmes.

The project will be run in collaboration with Duchy College Rosewarne and the University of Plymouth, leveraging their expertise to extend the UK’s position as a world-leader in agricultural and plant science innovation.

Phytome’s CEO, Dr Sebastian Vaughan, said: “This grant is validation of our vision, team and the ground-breaking research being undertaken at our rural high-tech campus.

“It shows the Government’s willingness to back innovative technology companies to accelerate the emerging revolution of agricultural biotechnology and prescription botanical therapeutics. With Government endorsement we are well positioned to extend our innovative phytobiotechnology platform that has broad implications for sustainable production of high value bio actives beyond prescription medicines.

“We are grateful for the support from the UK Shared Prosperity Fund and look forward to collaborating with Duchy College and the University of Plymouth to drive this transformative initiative.”