Closes Financing to Support Corporate Growth

Funding Rounds

Summary

Toronto, Canada (October 11, 2016) Vive Crop Protection has announced the closing of growth financing to support 2017 commercial expansion. “We are pleased to close this financing round led by investors who understand the real, critical need for new, improved crop protection products,” stated Keith Thomas, Vive’s CEO. This would include funding for accelerated field development and additional product launches from our deep pipeline of products.” According to Mark Lerohl, president of Radar Capital, “There is a real need for delivery systems that improve conventional pesticides. Vive’s Allosperse Delivery System is truly unique, and can help make trusted crop protection products better for growers and better for the environment”. Leveraging a unique breadth of geographic and industry experience, the firm seeks long-term partnerships with exceptional management teams to commercialize innovative technologies, accelerate growth and build long-term value around the world.

$ Funding

$
Amount $11.9M Total raised
Date October 11, 2016 Announcement date
Investors Radar Capital, Middleland Capital Lead investors
Company http://www.vivecrop.com Funded company

Classifications

industries
No industries detected
applications
No applications detected

AskAI Classifications

Labels
No AI classifications detected

Linked Companies