Moolec Science Announces ~US $30 Million Capital Raise With Strategic Investors

In-kind contributions include credits to access Insuds state-of-the-art industrial capabilities, operational services, and the incorporation of Joint Venture participation, started with Moolec in 2021. Under the BIOX Supply Agreement, Bioceres Crop Solutions will engage with Generation HB4\xae farmers to source and deliver to Moolec soybeans with a sustainability-linked premium, which are produced under regenerative agricultural practices, minimizing water, carbon, and chemical footprints. Together, the Convertible Notes total approximately US $30 million of cash and in-kind contributions that include soybean inventories, operational services, and the acquisition of Joint Venture equity. We are very proud to count with Insud, a biotech leader in life sciences industries, and Bioceres Crop Solutions, a top-notch ag-biotech player, as key partners for the upcoming stages of the Companys development," said Gast\xf3n Paladini, Moolecs Chief Executive Officer. "Cash proceeds will be used to continue funding key R&D projects and in-kind contributions will secure the needed working capital to ramp up our commercialization plan and product development initiatives," he added.