BioLumic Inc. raised $8.3M in an oversubscribed Series B Extension, led by Ki Tua Fund, to enhance its light-activated seed traits for corn, rice, soybean, and forage.
Apr 25, 2025•4 months ago
Amount Raised
$8.3 Million
Round Type
series b
Investors
Our CrowdIcehouse VenturesMig AngelsAgri ZeroRabo VenturesDydx CapitalI Select FundAzolla VenturesKi Tua Fund
Description
BioLumic Inc., a pioneer in seed trait innovation, announced the close of its oversubscribed Series B Extension, securing $8.3 million from various investors. This funding will accelerate the commercial growth of its xTraits™ technology, which activates seed traits via precise light signals. The round attracted strategic investors including Ki Tua Fund, Azolla Ventures, and iSelect Fund, highlighting broad industry validation. BioLumic aims to enhance productivity and sustainability in the agricultural sector.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers