386. NanoBio Designs’ Ryan Skaar on IndyStix, innovating for confidence in the value chain + winning AgriNovus Velocity

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