The global GMO testing market was valued at $3.9 billion in 2021, and is projected to reach $6.2 billion by 2031. With current processes costing time and money, there is a massive opportunity for innovation in genetic detection that benefits grain distributors, seed suppliers and ultimately – the farmer and consumer. Today we are joined by Ryan Skaar, COO of NanoBio Designs, to talk their platform technology and winning AgriNovus’ Velocity accelerator. We get into:
- What NanoBio Designs does and who they exist to serve through their technology
- How the company has evolved since locating their headquarters to Indianapolis in 2022
- Why they chose Indiana, its entrepreneurial resources and connections, as home base
- Their technology, IndyStix, and its differentiation from other genetic testing technologies on the market
- What winning the AgriNovus Velocity accelerator did for NanoBio Designs as a company and what they’ve done post-win to build momentum
- How IndyStix creates confidence for the entire value chain
- What Ryan sees as NanoBio Designs’ biggest opportunities for the future
- The company’s pilot that’s currently running and its end goal
- What’s ahead for the company
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