Gates Foundation Backs Puna Bio’s Africa AgTech Expansion

▤ Summary

Puna Bio secured additional backing from the Bill & Melinda Gates Foundation as part of its Series A round. The company plans to use the capital to expand into sub-Saharan Africa and other emerging markets. Puna Bio develops agricultural biologicals based on extremophile microorganisms that help crops handle heat, drought, and other climate stresses. The investment supports new product development and wider deployment for smallholder farmers seeking more resilient and sustainable farming solutions.

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