Based on discoveries from MIT scientists, Agrivida has now raised more than $67m in total and will soon launch its flagship plant-based enzyme product.
Agrivida, a US-based animal feed developer exploiting Massachusetts Institute of Technology research, has secured $8m of a targeted $20m round from investors including venture capital firm Arch Venture Partners.
The initial close includes $3m from private equity fund Open Prairie Rural Opportunities Fund, along with contributions from pork supplier The Maschhoffs’ Agricultural Holdings division and Syngenta Ventures, the corporate venturing arm of agrochemical and seed supplier Syngenta.
Venture firms Cultivian Sandbox Ventures and Middleland Capital also took part…
