Marrone Organic Innovations raises $10M for green pesticides
Marrone Organic Innovations, a Davis, Calif.-based based maker of natural pesticides and weed killers, has wrapped up a $10 million second round of funding and expects a second closing of $1 million later this month. The round was led by Stuart Mill Venture Partners and Contrarian Group; returning investors included One Earth Capital, Saffron Hill Ventures, Clean Pacific Ventures, Wavepoint Ventures and local angel investors.
Marrone will use the proceeds to develop and commercialize six new… Continue Reading
EcoSmart Technologies raises $5M for natural pesticides
EcoSmart Technologies wants to dispense with manufactured chemical compounds, and look to nature for ways to discourage unwanted insects. The Alpharetta, GA company has raised $5 million more to help commercialize its insecticides, according to a filing acquired by VentureBeat.
EcoSmart makes a line of pesticides derived from plants that have natural defenses against pests. Among the company’s products are insecticides for commercial and agricultural use, but it also sells aerosol sprays for use by consumers…. Continue Reading