Ceragen

What they’re doing: This biotech company is developing probiotics for plants to increase hydroponically grown lettuce, kale, cucumbers, and basil crop yields by 20-30%. The plant growth promoting bacteria in this product helps increase nutrient uptake and improve plants’ response to environmental stress.

How will this be used in the real world? These products have the potential to increase food production in Ontario by at least 36,000 tons, which represents an $83 million annual revenue increase for farmers.