About Performance Plants
Performance Plants operates as an agricultural and biofuel biotechnology company. The company offers patented weatherproofing traits that boost crop yields and drought tolerance critical advantages for the sustainable growth of food and biofuel crops. It provides solutions that enable agricultural products to flourish in a changing global climate. The company was founded in 1995 and is based in Kingston, Canada.
Expert Collections containing Performance Plants
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Performance Plants is included in 2 Expert Collections, including Agriculture Technology (Agtech).
Agriculture Technology (Agtech)
Companies in the agtech space, such as equipment manufacturers, surveying drones, geospatial intelligence firms, and farm management platforms
Companies in the Renewable Energy space, including solar, wind, hydro, geothermal, and nuclear energy providers, as well as related software developers.
Performance Plants Patents
Performance Plants has filed 17 patents.
Molecular biology, Genetics, DNA, Biotechnology, RNA
Molecular biology, Genetics, DNA, Biotechnology, RNA
Latest Performance Plants News
Jun 13, 2023
Kingston, Ont., BioTech startup working on ‘climate change-resistant’ crops linkedin Back Posted June 13, 2023 5:33 pm 2:02 Kingston BioTech startup working on “climate change resistant” crops WATCH: Kingston-based BioTech company Performance Plants has received a provincial grant to further their work on climate change-resistant crops Leave a comment linkedin Increase article font size At Salt of the Earth Farm in Lyndhurst, Ont., farmer Charles Summers says the weather can be unpredictable. “Well, you never know what you’re going to get,” says Summers. Over his 20 years in agriculture, there have been good years and bad years — but with the climate changing, farming isn’t getting any easier. That’s what has a Kingston laboratory busy, located in the city’s west end. It’s a bio-technology laboratory filled with people, and plants, hoping to make a breakthrough. This week, Performance Plants was one of eight startup companies awarded a $150,000 grant through the province’s Ontario Genomics’ BioCreate Program, to pursue their work on “climate change-resistant crops”. “Some of the traditional farmlands are no longer suitable to grow the variety we’ve been growing for centuries,” says Yafan Huang, CEO of Performance Plants, “unless there’s new technology to improve their tolerance to those new conditions.” Story continues below advertisement That stress, says Huang, is what they’re trying to reduce through their work. Right now, they’re doing research with soy and canola — crops that, in western Canada, saw a 50-per cent drop in yield for 2021. Trending Now “We are very close to developing a finished product,” says Huang. “By the end of this year, early next year, we may have some really amazing products coming out.” For Performance Plants, Huang says the $150,000 grant will help them get to that goal sooner. Which is something a farmer like Summers can appreciate — he’s looking at the weather this year, wondering when things will improve for his produce. “Not a lot of heat,” says Summers. “Cool and dry, so very comfortable, but does not have what plants crave.” As for the work of researchers like Huang, he says making farmer’s jobs a little easier is something that everyone should want. More on Science and Tech
Performance Plants Frequently Asked Questions (FAQ)
When was Performance Plants founded?
Performance Plants was founded in 1995.
Where is Performance Plants's headquarters?
Performance Plants's headquarters is located at 1287 Gardiners Road, Kingston.
What is Performance Plants's latest funding round?
Performance Plants's latest funding round is Incubator/Accelerator.
How much did Performance Plants raise?
Performance Plants raised a total of $16.08M.
Who are the investors of Performance Plants?
Investors of Performance Plants include BioCreate Program, Sustainable Development Technology Canada, VentureLink, Golden Opportunities Fund, Dynex Capital and 3 more.
Who are Performance Plants's competitors?
Competitors of Performance Plants include Viridos, Lynntech, Evolutionary Genomics, Kaiima Bio-Agritech, Bioprocessing Innovative Company and 7 more.
Compare Performance Plants to Competitors
Freedom Fuels, LLC is a biodiesel manufacturing company that produces domestic and renewable energy at the company's plant in Mason City, IA.
Metro BioFuels aims to develop manufacturing of various vegetable oils into fatty acid methyl esters, commonly known called Biodiesel. The characteristic of their process design that is differentiated per the company is that the conversion takes place in a matter of minutes rather than hours. The process is expected to run both efficiently and economically compared with other similar processes. Further biodiesel aims to reduce CO2 emissions by 78% compared with petroleum diesel due to Biodiesel's closed carbon cycle.
Bionavitas' aims to harness the abundant power of the sun to more efficiently and effectively grow algae in order to address the pending global energy crisis and provide products which help people live healthy lives. Free of hype and unlikely projections, Bionavitas' focus on science aims to create a cost effective algae solution.To achieve this, Bionavitas has developed patent pending technology for the high volume production growth of micro-algae. This technology has placed Bionavitas at the nexus of changes in energy production, global warming prevention, production of new pharmaceutical and nutraceutical compounds, and remediation of the company's environment. By identifying and focusing on the critical areas of algae production, Bionavitas has developed targeted technology that places the company in the lead of the emergent field of algae production.
Kaiima Bio-Agritech is a company focused on castor genetics and breeding within the agricultural industry. The company develops innovative castor hybrids aimed at improving plant productivity on a large scale. Their products are primarily targeted towards the global agricultural sector. It was founded in 2006 and is based in Moshav Sharona, Israel.
Sustainable Systems is an agricultural processor that contracts oilseed production to produce high-value culinary oils and aims to develop and commercializes biobased products. The company's business is to develop and operate facilities that convert agricultural raw materials into high value and healthy products. The company believe renewable raw materials such as agricultural crops and crop residues provide an excellent and sustainable source of raw material for food and industrial applications.
Susquehanna Biotech's plans include biofuel prototype building, selling algae kits to farmers, and winning water remediation contracts. The company's long term goals are to produce biofuels, nutraceuticals, and build ocean barges that grow algae on a very large scale. Per the company, it's core strengths are in identifying the right algal strain, the right extraction method and the right design of the photobioreactor.