Athenix raises $10,000,000

Athenix Inc., a company developing technologies for genetic control of agricultural pests and industrial products such as biofuels, has raised a new $10 million round.  The company’s key products include major crops with enhanced traits such as tolerance to important herbicides and resistances to pests such as nematodes and insects. Nematodes, microscopic parasites that feed on the roots of soybean plants, cause $1 billion in damage a year.