TerViva, which grows oil and protein-producing trees, has received series D funding from investors including existing strategic backer Evans Properties.

US-based agriculture technology provider TerViva has secured $20m from investors including agricultural land manager Evans Properties for the first close of its series D round.

Jeremy and Hannelore Grantham Environmental Trust, Elemental Excelerator, Yield Lab, Astia Angels and Allotrope Partners also took part in the round, along with private investor Howard Fischer and undisclosed agricultural family offices.

Founded in 2010, TerViva produces pongamia trees which herald beans it claims provide more vegetable oil, biofuel and protein than soybeans. It will…

Robert Lavine

Robert Lavine is special features editor for Global Venturing.