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Puna Bio Raises $3.7M Seed Funding To Restore Soil Health With Desert Microbes

PRIVATESep 01, 2022

Amount Raised

$3.7 Million

Round Type

Seed

BiotechnologyFarming

Description

Today Puna Bio announces $3.7 million in seed funding that will be used to commercially launch its first soybean seed treatment in Argentina that is cost competitive to existing biological solutions, expand field trials for wheat and corn, and pursue the regulatory pathway in the United States and Brazil.

Quick answer

Puna Bio raised $3.7 Million in a Seed round, dated September 1, 2022.

How much did Puna Bio raise?
Puna Bio raised $3.7 Million in a Seed round on September 1, 2022.
What does Puna Bio do?
Puna Bio focuses on repairing soil health using extremophiles – microorganisms 3.5 billion years old, sourced from La Puna, the highest and driest desert on Earth.
Where is Puna Bio based and how big is it?
Fundz records about 48 employees.
Who are the decision-makers at Puna Bio?
Fundz holds 1 contact at Puna Bio, including the Co-founder & CEO. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Farming and Biotechnology around the same time

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

  • Dalan Animal Health raised $3.5M (Seed) on September 27, 2022.
  • Dalan Animal Health raised $3.6M (Seed) on August 26, 2022.
  • Mercury Bio raised $200K on October 15, 2022.
  • GARWOOD MEDICAL DEVICES raised $747K (Seed) on October 14, 2022.
  • ILiAD Biotechnologies raised $3M (Seed) on October 14, 2022.
  • Mablink Bioscience raised $30M (Series A) on October 14, 2022.

Who to call at Puna Bio, and when

A new round usually means Puna Bio is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Puna Bio raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
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Company Information

Company

Puna Bio

Location

479 JESSIE ST.

About

Puna Bio focuses on repairing soil health using extremophiles – microorganisms 3.5 billion years old, sourced from La Puna, the highest and driest desert on Earth. Their biological inputs allow farmers to increase yields, reduce fertilizer use, and grow crops on degraded soil - affected by erosion or salinization. The company was founded in late 2020, and has quickly scaled their R&D operations and field trials in Argentina and the USA, having treated more than 600 tonnes of soybean seeds and performed trials in more than 20,000 acres in Latin America.

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Fundz sees it the moment Puna Bio raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

1 contact
Verified contactsFranco M., Co-founder & CEOSee plans and pricing
Predictive Intelligence
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Puna Bio raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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