Cheshire-based CroBio, an agtech startup on a mission to reshape the future of agriculture by harnessing the power of enhanced microbes, announced the completion of a €1.45 million seed round, led by a group of US investors including The Grantham Foundation for the Protection of the Environment, with participating investors – SOSV and Ponderosa Ventures, and with continued support from the Catapult Ventures Group. CroBio’s innovative approach to tackling drought and soil regeneration involves using microbes that express a sponge-like material around crop roots, which also contributes to reducing greenhouse gas emissions. We are excited to be supporting CroBio’s mission to improve drought resilience in agriculture,” added Sam Lefkofsky, The Grantham Foundation for the Protection of the Environment. In 2020, CroBio leveraged a modest initial investment from Catapult Ventures GM&C Life Sciences Fund to develop and refine their bacterial strains for greenhouse trials. IndieBio is renowned for transforming top scientists and researchers into entrepreneurs by empowering them to launch companies that lead in innovation and industry breakthroughs.