Vestaron Closes Another $10M In Series C Funding To Fuel Product Development And Market Expansion
08/25/22, 3:32 PM
Location
durham
Money raised
$10 million
Industry
biotechnology research
Round Type
series c
Vestaron, a leader in peptide-based biological crop protection, announced the addition of $10M to its Series C fundraising, adding Grosvenor Food & AgTech as an additional investor, and bringing the total raise to $92M. Grosvenor Food & AgTech joins Ordway Selections, Cavallo Ventures, Argonautic Ventures, Fortistar, Endeavor8, Novo Holdings, Northpond Ventures, CGC Ventures, iSelect and Syngenta Ventures in this round.
Company Info
Location
600 park offices dr
durham, north carolina, united states
Additional Info
Recent winner of the Green Chemistry award, Vestaron is leading a peptide-based revolution in crop protection. We are committed to providing growers with novel, effective chemistries that address proven targets. Our peptides overcome existing resistance issues while offering a desired safety profile for workers, beneficials and the environment.
Initially, Vestaron is focused on a class of peptides that kills insect pests efficiently, but is safe for humans, birds, fish, pollinators and the environment. As part of this, the company has developed a proprietary platform for peptide optimization and fermentation-based peptide production that will allow development of a wide variety of biologic crop protection solutions.
Vestaron is proud to bring you the Power of Peptides through the SPEARĀ® brand family - providing new technology with a unique mode of action in a biological solution equal to, and often better, than the synthetic options; creating the opportunity to incorporate a new IRAC Group 32 into rotation recommendations for resistance management.