AgroSpheres, a biotechnology company specializing in sustainable crop protection and crop health, has announced the successful close of a $37 million Series B funding round. Led by Zebra Impact Ventures through its Regenerative Growth I strategy in partnership with Mirabaud Asset Management, the funding highlights AgroSpheres’ growing reputation as a leader in the agricultural biotechnology sector.
In addition to Zebra Impact Ventures, existing investors such as Lewis and Clark AgriFood, Ospraie Ag Science Ventures, FMC Ventures, BIDRA Ventures, and Cavallo Ventures also participated in the round, reinforcing their continued confidence in the company’s innovative trajectory.
Scaling Sustainable Solutions for Global Agriculture
The new capital will enable AgroSpheres to advance its end-to-end product development and invest in cutting-edge biomanufacturing facilities. With this backing, the company aims to scale its revolutionary AgriCell platform, a core technology designed to enhance field performance and provide sustainable solutions to meet the growing global demand for environmentally friendly agricultural practices.
Co-founder and CEO of AgroSpheres, Payam Pourtaheri, expressed gratitude for the support from investors and emphasized the company’s commitment to sustainability:
"Impact is at our core, and Zebra’s perspective will be critical in realizing our vision of a ‘future built by nature’s technologies.’ This investment will allow us to scale our operations, advance our R&D capabilities, and bring our breakthrough technology to farmers around the world."
AgriCell: A Game-Changer in Crop Protection
AgroSpheres’ patented AgriCell technology represents a significant breakthrough in the crop protection industry. This platform, designed for the manufacturing of encapsulated biomolecules, offers several key agronomic benefits:
Stabilized biomolecules: Delivering superior performance across a wide range of environmental conditions.
Biodegradability: Products are fully biodegradable, and free from microplastics or petrochemicals, ensuring minimal environmental impact.
Restorative degradation: Crop health products naturally degrade into organic compounds like carbon, nitrogen, and phosphate, enhancing soil and plant health.
This innovation positions AgroSpheres at the forefront of efforts to address the environmental challenges facing modern agriculture.
Building a Future Driven by Impact
AgroSpheres is not only focused on technological innovation but also on building a sustainable and impact-driven company culture. Co-Founder and CTO, Ameer Shakeel, reflected on the company’s mission:
"We are deeply inspired by the work we are doing, the culture we are building, and our partnership with Zebra around a shared, impact-driven vision."
Looking ahead, AgroSpheres plans to accelerate the construction of its biomanufacturing facilities, launch its products, and form strategic alliances to bring its solutions to farmers globally.
Investor Confidence in a Revolutionary Platform
Lionel Artusio-Payot, Managing Partner at Zebra Impact Ventures, expressed confidence in AgroSpheres' potential to transform the crop protection sector:
"We believe their breakthrough technology provides the missing link in delivering reliable field performance and opening up new markets for high-performance biopesticides. This could be one of the most significant innovations in crop protection in the last four decades."
Pierre Jouve, Investment Manager at Zebra Impact Ventures, echoed this sentiment, noting that AgroSpheres has the potential to be a game-changer for the biological industry:
"We look forward to supporting AGS with impact and regulatory guidance and expanding its presence in the EU market."
A Pathway to Growth and Global Expansion
With the fresh infusion of capital, AgroSpheres is well-positioned for growth. The company plans to launch its products and expand partnerships with major industry players in the coming years. The investment will also support its efforts to break into new markets, especially in the EU, where sustainable agricultural solutions are in high demand.
AgroSpheres' innovative technologies, particularly its AgriCell platform, align perfectly with the global shift towards sustainability in agriculture. As the company continues to grow and scale, it stands poised to redefine the future of crop protection and health, offering both powerful performance and environmental sustainability to farmers worldwide.
Conclusion
AgroSpheres’ $37 million Series B funding marks a critical milestone in its mission to advance sustainable agricultural solutions. With the support of Zebra Impact Ventures and other prominent investors, the company is on track to revolutionize crop protection and enhance global food security through its innovative technologies. By prioritizing sustainability and performance, AgroSpheres is set to make a lasting impact on the future of agriculture.
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