Hestia Venture Partners, a venture firm investing at the intersection of prop-tech and climate tech and targeted real estate assets, announced the acquisition of Davis Research Station, an ag-tech research facility in Davis, CA. The 40-acre property encompasses office, lab and greenhouse space, plus significant acreage for row crops. The facility sits adjacent to the University of California, Davis, ranked among the best universities in the world for agriculture and food science, and is the source of much innovation and many start-ups in those fields.
Rebecca Stafford, Founding Partner of Hestia remarked, “We are thrilled to be the new stewards of this unique research facility, and to provide a home for companies innovating and commercializing more resilient crops and foods.” In an initial proof of thesis, Hestia is pleased to welcome to the property as a new tenant an agri-food technology company born out of research by a UC Davis professor and backed by global life sciences firm Bayer AG. The tenant is pioneering ultra-high protein, climate-resilient chickpea varieties that enable scalable, sustainable ingredients spanning whole beans, gluten-free flours, and protein isolates.
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