Sunday, December 22, 2024
No menu items!
HomeIndustryFood & AgricultureBioPrime Secures $6 Million in Series A Funding to Advance Agricultural Biotechnology

BioPrime Secures $6 Million in Series A Funding to Advance Agricultural Biotechnology

- Advertisement -

BioPrime Agrisolutions, a rising player in the agribiotech sector, has successfully raised $6 million in its Series A funding round, spearheaded by Edaphon. This funding round also saw contributions from notable investors Omnivore and Inflexor.

The capital raised will be directed towards enhancing BioPrime’s research in agricultural protection, focusing on the joint development of cutting-edge bio fungicides and bioinsecticides. The Pune-based firm previously raised Rs 9 million in its pre-Series A round in October 2022, backed by Inflexor Ventures and Omnivore.

Founded by innovators Renuka Diwan, Amit Shinde, and Shekhar Bhosle, BioPrime specializes in creating cost-effective agribiological solutions that utilize micro biomolecules to alter the key physiological processes in crops.

RELATED ARTICLES

Most Popular

Recent Comments