Aphea.Bio harvests more series B funding

Apr 14, 2021 • Thierry Heles

ECBF has provided an extension for the pesticide and crop stimulant provider's Group De Ceuster-bacekd series B round, which now stands at $21.8m.

Belgium-based agricultural technology provider Aphea.Bio increased a series B round featuring environmental care product supplier Group De Ceuster to €18m ($21.8m) today with an extension from European Circular Bioeconomy Fund.

The $16.8m first close was led by Astanor Ventures and included Group De Ceuster, KU Leuven’s Gemma Frisius Fund, Qbic II, V-Bio Ventures, Université catholique de Louvain’s Vives Fund, PMV and Agri Investment Fund.

The initial funding was revealed in November 2019 but Aphea.Bio confirmed in its latest announcement that…

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