Venture-backed Inocucor raises $7.8 mln in SDTC funding
Sustainable Development Technology Canada (SDTC) has provided about $7.77 million in funding to Inocucor Technologies Inc, a Montréal-based producer of sustainable biological crop inputs. The funds raised will back development of the company's second product, Synergro Free, a bio-fertilizer that increases yields in row crops. They will also support production scale-up and marketing of Synergro Free to farmers, as well as other priorities. Inocucor earlier this year raised a $38.8 million Series B financing led by TPG ART and joined by Cycle Capital Management, Closed Loop Capital and Desjardins Innovatech.
15 November 2017•3 mins read
