Biofuels developer Agrisoma closes $15.4 mln Series B financing
Canadian agricultural technology company Agrisoma Biosciences Inc has raised $15.4 million in a Series B financing. The round was co-led by Groupe Lune Rouge, the investment vehicle of Guy Laliberté, founder of Cirque du Soleil, and Cycle Capital Management and BDC Capital, which also invested in the company's Series A in 2014. With the latest round, Lune Rouge CFO Catherine Vu has joined the board. Founded in 2001, Agrisoma is the developer of Carinata, a non-food oilseed crop designed for sustainable production of biofuels. Led by President and CEO Steven Fabijanski, the Gatineau, Québec company will use the funds raised for global expansion.
11 April 2017•4 mins read
