Locus Fermentation Solutions raises $30m in debt financing following ‘strategic restructuring,’ revamps carbon farming scheme
“Through a strategic restructuring we parted ways with some former team members,” says the Ohio-based firm.
“Through a strategic restructuring we parted ways with some former team members,” says the Ohio-based firm.
Areas of interest include sustainable packaging, fermentation, agriculture biologicals, crop disease resistance, soil health and regenerative agriculture.
From fungi to bacteriophages, biologicals have been developed to tackle everything from bacterial blight to fungal infections, says Santiago-based startup Exacta Bioscience. But many of them are not (yet) ready for prime time.
A mix of researchers and scientists will work together to promote the role of bioactives in health and dietary guidelines.
Despite an overall increase in agtech adoption, farmers around the world still lag in terms of adding new sustainability practices to their operations.
The French startup is aiming to have its first biofungicide product on the market within the next three years.
FMC CEO Mark Douglas said the acquisition of the pheromone-based biocontrol startup “won’t be the last” the company makes in the space.
The 7th Agritec Africa Conference was a three-day event showcasing agricultural technologies. Key sessions involved organic agriculture, soil health and its conservation, agri-mechanization and application of plasticulture.
It’ll expand manufacturing capacity at its Florida facility to bring its ag biofertilizer product to more farmers across North America.
When it comes to crops, biologicals are all the rage as a means to reduce agriculture’s environmental footprint – and increasingly as a solution to supply chain disruption. Decoy says livestock will be next.
Startups developing biological crop inputs secured a total of $892 million in funding last year.
The Raleigh, North Carolina-based startup captures and screens microbes found in the natural world to identify apt candidates for pest control and crop protection.
The Breton startup claims its products can stimulate beneficial fungi growth, improve soil structure, fix nitrogen, and improve root nutrition.
The Viennese startup is verifying the quality of its biological products by working with large-scale distributors to earn farmers’ trust.
Grondwork BioAg has developed a line of biobased inputs sold on five continents based on mychorrizae, which it describes as queen of biologicals.
FBN is offering the prebiotics, probiotics, photosynthetic enhancers, carbon sources, and advanced micronutrients through its FBN Direct portal.
The Danish startup aspires to become the leading supplier of concentrated pheromones as an active ingredient to companies formulating spray-on inputs for row crops.
Anuvia is hoping to clean up conventional fertilizer with its bio-basd input that improves yields while also reducing GHG emissions and sequestering carbon.
Indigo, which raised $560 million last year, said the layoffs align with its new CEO’s goal “to direct resources to [its] four primary offerings” and “realize their value.”
The duo will commercialize the US startup’s “green chemistry” product that helps plants use fertilizer more efficiently through microbes.
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International Fresh Produce Association launches year 3 of its produce accelerator