Puna Bio announced it raised $20.3 Million in an amended filing from an offering of $20.3 Million

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Puna Bio focuses on repairing soil health using extremophiles – microorganisms 3.5 billion years old, sourced from La Puna, the highest and driest desert on Earth. Their biological inputs allow farmers to increase yields, reduce fertilizer use, and grow crops on degraded soil - affected by erosion or salinization. The company was founded in late 2020, and has quickly scaled their R&D operations and field trials in Argentina and the USA, having treated more than 600 tonnes of soybean seeds and performed trials in more than 20,000 acres in Latin America.