Pairwise closes a $40M Series C led by Deerfield, with Corteva joining, to scale seedless berries and pitless cherries

Pairwise/Seedless, thornless blackberry

Pairwise raised $40 million in Series C led by Deerfield Management with Corteva as a new investor, bringing total funding to $155 million. The capital supports scaling the Fulcrum gene-editing platform and product pipeline, including seedless blackberries, pitless cherries, and 25 licensees across 30+ species; Corteva also entered a five-year joint venture for climate-resilient product development.

• Series C of $40M led by Deerfield; new investor Corteva joins returning backers Aliment Capital and Leaps by Bayer
• Total funding to date: $155 million; enables scale of Fulcrum Platform across specialty and commodity crops
• 25 licensees developing products across 30+ species including berries, corn, soy, wheat, canola and leafy greens
• Corteva joint venture focuses on accelerating gene-edited technologies and climate-resilient products over five years