BASF Venture Capital formed part of a consortium co-led by Pontifax Agtech and Temasek that supplied $85m in funding for pesticide developer Provivi.
Provivi, a US-based developer of non-toxic pesticides, has picked up $85m in a series C round featuring BASF Venture Capital, the corporate venturing subsidiary of chemical producer BASF, AgFunderNews reported today.
The round was co-led by venture capital fund Pontifax Global Food and Agriculture Technology Fund and Singaporean state-owned investment firm Temasek, and included Tybourne Capital Management, Kairos Ventures, Spruce Capital and Lanx Capital.
Founded in 2012, Provivi is working on pesticide alternatives that rely on insect pheromones to confuse…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
