What is AgroSpheres?
AgroSpheres is at the forefront of transforming agriculture through the development of reliable and affordable bio-based solutions. The company specializes in targeted pest control that is non-toxic and environmentally safe, utilizing an innovative biodegradable encapsulation technology. This technology not only enhances the efficacy of active ingredients but also contributes to restoring essential nutrients for plant health, offering a unique stability and release profile. AgroSpheres has earned global recognition as a leading GreenTech company, underscoring its dedication to sustainable agricultural practices. The company actively collaborates with industry leaders to advance the commercialization of its bioinsecticides and biofungicides.
How much funding has AgroSpheres raised?
AgroSpheres has raised a total of $27.3M across 3 funding rounds:
Private Equity
$750K
Series A
$4.5M
Series B
$22M
Private Equity (2017): $750K, investors not publicly disclosed
Series A (2019): $4.5M led by Cavallo Ventures and Ospraie Ag Science
Series B (2022): $22M supported by Lewis & Clark Agrifood and Cavallo Ventures
Key Investors in AgroSpheres
Lewis & Clark Agrifood
Lewis & Clark Agrifood is a venture capital firm that invests across the agriculture and food supply chain, focusing on sectors such as plant science and food technology. They partner with companies at various stages, seeking to foster innovation and growth in the agri-food sector.
Cavallo Ventures
Cavallo Ventures, the venture capital arm of Wilbur Ellis, focuses on introducing innovative technologies across global markets, particularly in agriculture. They provide capital and deep market expertise to help launch new products and services.
Cavallo Ventures
Cavallo Ventures is the venture capital arm of Wilbur Ellis, dedicated to advancing agricultural technologies and market solutions. They offer capital and strategic support to innovative companies within the agricultural sector.
What's next for AgroSpheres?
The recent major strategic investment of $22M positions AgroSpheres for accelerated scaling and market penetration. As a company that has progressed through Series A and Series B funding rounds, AgroSpheres is likely in a growth phase, focusing on expanding its product reach and further developing its proprietary encapsulation technology. This capital infusion is expected to fuel research and development, enhance manufacturing capabilities, and strengthen its market presence in the competitive GreenTech sector. The company's commitment to sustainable and non-toxic agricultural solutions aligns with global trends, suggesting a strong future outlook for continued investment and expansion.
See full AgroSpheres company page
