Cycle Capital leads financing of ag biotech platform Inocucor Technologies
Inocucor Technologies Inc, a developer of sustainable biological products, has secured undisclosed funding. The round was led by Canadian venture capital firm Cycle Capital Management, which first invested in the company in 2013, and was joined by Desjardins Innovatech. Inocucor said the deal will help speed the commercialization of its technology platform, which provides solutions to improve seed germination and increase crop yields. The company also said that it is preparing for a major equity financing to fuel growth. Based in Montréal, Inocucor was founded in 2007 by scientists Dr. Margaret Bywater–Ekegärd and Ananda Lynn Fitzsimmons.
3 February 2015•4 mins read
