Inocucor Technologies tops up Series A round with $6 mln
Inocucor Technologies Inc, a developer of sustainable microbial crop accelerators, has raised an additional $6 million for its Series A funding. The total amount raised was not disclosed. Cycle Capital Management and Desjardins Innovatech, previously identified as the round's Canadian investors, were joined by U.S.-based Red Metal Capital and Closed Loop Capital, as well as a number of board members. Montréal-based Inocucor said the funds raised will back the commercial scale-up of its bio-stimulant product, Garden Solution, which is designed to improve crop yields. Founded in 2007, the company said it is planning for a follow-on round to open an office in the United States.
1 June 2016•3 mins read
