BREAKING: AgroSpheres raises $4m Series A with Ospraie, Wilbur Ellis, for 'Minicell' pesticide tech
Summary
AgroSpheres has raised $4 million in Series A funding in a round led by Ospraie Ag Science and involving Cavallo Ventures, the corporate investment arm of agrifood retailer Wilbur-Ellis. “AgroSpheres’ Minicell is a natural fermentation product that encapsulates and delivers both biological and synthetic chemical pesticides. Minicells shield encapsulated active ingredients from heat, UV light, microbes and enzymes that would otherwise quickly degrade them. Minicells will substantially improve pesticide performance while lowering dosage rates and reducing their environmental impact,” reads the release. Carl Carsale, a Syngenta board member and former CTO of Monsanto, led the investment for Ospraie where he’s a senior partner.
Funding
Amount
$4.5M
Total raised
Date
August 29, 2019
Announcement date
Investors
-
Lead investors
Company
http://www.agrospheres.com/
Funded company
Classifications
industries
Fintech & Banking
applications
Accounting and Taxes
AskAI Classifications
Labels
No-Code Development Platforms
Work Management Software
Business Process Management
Linked Companies
Airtable
$250M to $500M