HARPE BIOHERBICIDE SOLUTIONS SECURES $3 MILLION IN FINANCING ROUND – Harpe Solutions
Summary
The financing provides Harpe Bioherbicide Solutions the resources to further advance research and development and strengthen its intellectual property portfolio that is established on a series of plant-based herbicidal active compounds. Through wide spectrum control of broadleaf and grass seeds or weeds, the platform of Harpe products will deliver new opportunities for organic agriculture through a series of all natural herbicide formulations for pre, post and desiccation use patterns. This is fueled by the vast number of synthetic herbicides facing increased weed resistance and is intensified by the lack of products with new modes of actions that can meet the needs of growers and consumers,” said Chief Executive Officer Bill Buckner. The worldwide biopesticide market is expected to reach US$10.63 billion by 2027, driven by increased demand for organic food, elimination of synthetic chemical alternatives and intensifying efforts by governments and industry to use more sustainable products.2 In conjunction, the company also announced that former U.S. The result will support farmers’ success by overcoming current weed-control challenges and provide new sustainable farming practices to advance our food supply while improving the environment by decreasing the need for synthetic chemistry products.