How Much Did Pairwise Raise?
Funding & Key Investors

Pairwise, a leader in the application of CRISPR gene-editing technology within the agricultural sector, has successfully secured a major strategic investment. This latest financing round, totaling $40M, underscores the firm's pivotal role in transforming food production. With a cumulative capital infusion reaching $155M, the company is well-positioned to accelerate its mission of enhancing crop resilience and sustainability through advanced genomic tools.

The trajectory of Pairwise reflects a consistent growth narrative, beginning with its initial Series A round in 2018, followed by a significant Series B in 2021, and culminating in this recent Series C milestone. This progression highlights the sustained confidence of institutional backers in the company's ability to address global food security challenges through scientific rigor.

What is Pairwise?

Pairwise
Business ServicesResearch & Development

Pairwise operates at the intersection of biotechnology and agriculture, leveraging CRISPR gene-editing to develop crops that are more adaptable to climate change and more convenient for consumer consumption. By focusing on the genetic optimization of plant traits, the company aims to replace resource-intensive supply chains with more efficient, sustainable, and plant-based alternatives. Their market position is defined by a commitment to precision agriculture, where genomic insights are translated into tangible improvements in crop yield and nutritional value, effectively bridging the gap between laboratory innovation and commercial-scale farming.

How much funding has Pairwise raised?

Pairwise has raised a total of $155M across 3 funding rounds:

2018

Series A

$25M

2021

Series B

$90M

2024

Series C

$40M

Series A (2018): $25M with participation from Monsanto Growth Ventures and Deerfield Management

Series B (2021): $90M led by Deerfield Management, Temasek, Leaps by Bayer, and Pontifax AgTech Management

Series C (2024): $40M supported by Deerfield Management, Corteva Agriscience, and Aliment Capital

Key Investors in Pairwise

Deerfield Management

Deerfield Management is an investment firm focused on advancing healthcare through investment, intelligence, and philanthropy. The firm supports companies across the healthcare ecosystem with flexible funding models and drives innovation using AI, data, and market research.

Temasek

Founded in 1974, Temasek is a global investment company headquartered in Singapore. We are a generational investor, seeking to make a difference always with tomorrow in mind.

Aliment Capital

Aliment Capital is a pioneering growth capital investor in food and agriculture technology. The company invests globally in growing businesses that improve agricultural productivity, nutrition, health, sustainability and supply chain efficiency.

What's next for Pairwise?

With the successful closure of this latest capital round, Pairwise is expected to scale its operational capacity and expand its product pipeline. The strategic focus will likely shift toward commercializing its gene-edited crop varieties and deepening its partnerships within the global agricultural ecosystem. As the company moves into this next phase of development, the emphasis will remain on navigating regulatory landscapes and demonstrating the long-term economic and environmental benefits of its proprietary technology. The continued support from high-profile investors suggests a robust roadmap for market penetration and technological refinement in the coming years.

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Frequently Asked Questions Regarding Pairwise Financial Insights

What are the most recent funding rounds that Pairwise has completed, and what were the funding rounds?
Pairwise has recently completed 3 funding rounds: Series C on Sep 17, 2024, Series B on Feb 3, 2021, Series A on Mar 20, 2018.
What is the total amount of funding Pairwise has raised to date?
Pairwise has raised a total of $155M in funding to date.
How many funding rounds has Pairwise completed?
Pairwise has completed 3 funding rounds.
How much funding did Pairwise raise in its most recent funding round?
Pairwise raised $40M in its most recent funding round.
Who are the lead investors in Pairwise's latest funding round?
The lead investor in Pairwise's latest funding round was Deerfield Management. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Pairwise's history?
The largest funding round in Pairwise's history was $90M.
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