The crop nutrition product supplier raised $14.7m in a private placement that included existing strategic investor EuroChem.
Agrinos, a Norway-based developer of agricultural nutrition products, secured $14.7m yesterday in a private placement that included fertiliser producer EuroChem Group.
Manor Investment, part of natural resource efficiency-focused investment firm Manor Group, also participated, along with an investment vehicle called Havfonn. Frederic de Stexhe, principal at Manor Group, joined the company’s board of directors in conjunction with the round.
Agrinos supplies biofertilisers and biostimulants intended to increase the yield of crops along with their sustainability, helping them utilise other products…