Fundz

Agragene Announces Another Funding Round After Relocation To St. Louis

PRIVATEMar 20, 2023

Round Type

Funding Round

St. LouisOtherAgriculture and Farming

Investors

Agency, LlcValerie Martin+1Ospraie Ag Science LlcBio Generator VenturesAgrageneBryan WitherbeeOasSpotted Wing DrosophilaBio Generator Ventures Managing Director Matt Helms‘’Biogenerator VenturesAgragene Ceo Bryan WitherbeeOspraie ManagementBio GeneratorOspraie Ag ScienceStephanie Gamez, Director Of R&D

Description

Agragene, Inc., a sustainable agricultural technology company developing novel biological crop pest protection products, announced today that it has raised $2 million in an A2 financing round. The funding round led by BioGenerator, a venture capital firm that invests exclusively in St. Louis companies, will expand field trials and commercialization of Agragene’s eco-friendly alternatives to synthetic pesticides. Ospraie Ag Science (OAS), the venture arm of New York-based Ospraie Management, a commodities and basic industries firm, also participated in this funding round after leading seed rounds for the company.

Quick answer

Agragene, Inc. raised an undisclosed amount in a Funding Round round, dated March 20, 2023. Investors: Agency, Llc, Valerie Martin+1, Ospraie Ag Science Llc, Bio Generator Ventures, Agragene, Bryan Witherbee, Oas and Spotted Wing Drosophila. Agragene, Inc. is based in St. Louis, Missouri, United States.

How much did Agragene, Inc. raise?
Agragene, Inc. raised an undisclosed amount in a Funding Round round on March 20, 2023.
Who invested in Agragene, Inc?
Agency, Llc, Valerie Martin+1, Ospraie Ag Science Llc, Bio Generator Ventures, Agragene, Bryan Witherbee, Oas and Spotted Wing Drosophila are named as investors in this round.
What does Agragene, Inc. do?
Agragene has developed Precision-Guided Sterile Insect Technology that will reduce grower’s reliance on the 6 billion pounds of pesticides used on crops each year.
Where is Agragene, Inc. based and how big is it?
Agragene, Inc. is based in St. Louis, Missouri, United States.
Who are the decision-makers at Agragene, Inc?
Fundz holds 1 contact at Agragene, Inc., including the Executive Officer. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Agriculture and Farming around the same time

Companies in the same sectors as Agragene, Inc. that raised within 45 days of this round, from Fundz verified event records.

  • Athian raised an undisclosed amount (Corporate Round) on May 1, 2023.
  • Remote Epigenetics raised $80K (Pre-Seed) on May 1, 2023.
  • Oakridge Dairy raised $495K (Seed) on April 29, 2023.
  • Native Traits Corp raised $407K (Seed) on April 26, 2023.
  • CropX Technologies raised $30M (Series C) on April 19, 2023.
  • Harpe Bio raised an undisclosed amount on April 18, 2023.

Who to call at Agragene, Inc., and when

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Company Information

Company

Agragene, Inc.

Location

9885 MESA RIM ROAD, SUITE 103

St. Louis, Missouri, United States

About

Agragene has developed Precision-Guided Sterile Insect Technology that will reduce grower’s reliance on the 6 billion pounds of pesticides used on crops each year. Agragene is ready to deploy its first “Knock-Out” product in the field which targets spotted wing drosophila. The “Knock-Out” product will benefit crop growers in 3 key ways. 1) The product is much cheaper than the chemical pesticides used now, 2) scarce and expensive field labor is not required and 3) the resulting pesticide-free crop can be Organic-approved which increases grower’s profits. Importantly, “Knock-Out” is non-toxic to bees, other beneficial organisms, the environment and humans. With many states and countries banning pesticides growers must look to safer and cheaper alternatives. Agragene has the solution.

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Related People

1 contact
Verified contactsTracy E., Executive Officer hiddenSee plans and pricing
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