Biotech pesticide maker AgraQuest raises $20M
Davis, Calif.-based AgraQuest, an ag-biotech firm developing new forms of pesticide, raised $20 million in what appears to be its tenth major fundraising. The U.K.’s Loudwater Trust and existing investors, including TPG Ventures, participated in the round.
AgraQuest derives novel, organic pesticides from natural microorganisms, which the company screens in order to identify natually produced substances that have toxic effects on pests. The full process, which AgraQuest details on its Web site here, is actually quite… Continue Reading