Gothenburg-based agtech company OlsAro has raised €5 million in a seed round led by Industrifonden, with Nordic Foodtech VC as co-lead and participation from existing investors Future Food Fund, PINC, AgFunder and GU Ventures. The company develops climate-resilient cereal genetics through its proprietary SeedAX platform, which combines genetics, data and AI-driven trait discovery to help seed companies develop crop varieties that can withstand environmental stresses. The funding will support international field trials and the commercialisation of OlsAro’s first salt-tolerant wheat product, as well as further platform development and research into drought tolerance and nitrogen-use efficiency. OlsAro develops cereal varieties designed...
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