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inseed | - |
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Notable deals
Company | Industry | Round Size | Date | Investors | Location |
Andes | $15M | 11 Aug 2021 | California, United States | ||
Boston Materials | $8M | 20 May 2021 | Massachusetts, United States | ||
BlocPower | $8M | 22 Feb 2021 | New York, United States | ||
Beta Hatch | $9M | 09 Dec 2020 | Washington, United States | ||
BlocPower | $11M | 06 Oct 2020 | New York, United States | ||
Mori | $12M | 17 Jul 2020 | Boston, Massachusetts, United States |
– Bayer’s impact investment arm Leaps has co-led a USD 15m Series A investment round in agriculture and biotechnology innovator, Andes.
– Other new investors Builders VC, Germin8, Accelr8 and Wilson Sonsini participated, alongside existing investors KdT Ventures and Endurance.
– Through its novel seed treatment technology, called ‘Microprime’, Andes is reducing the need for synthetic fertilizers.
– The California-based company has developed a process for seamlessly integrating seeds with a unique library of microbes that colonize the seed’s root structure. This kick-starts a process known as biological nitrogen fixation, enabling the crop to draw down nitrogen from the air instead of relying on synthetic nitrogen fertilizers.
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