Micropep Closes Series B Round at $40M After Supplemental Funding Raised From Corteva, and Sparkfood
Micropep Technologies, the global leader in micropeptide crop protection technologies, has successfully closed its Series B funding round with an additional $11 million commitment. This investment, from new investors Corteva Inc. and Sparkfood SA, along with existing investors, brings the total Series B round to $40 million and elevates the company's total funding to over $60 million.
The capital will support Micropep's pipeline of sustainable micropeptide solutions using its proprietary discovery platform, Krisalix™. This platform allows researchers to discover new micropeptide molecules efficiently for more effective and environmentally friendly crop protection. Micropeptides offer novel crop protection options for farmers, combining new modes of action, safety, strong efficacy, and affordability.
This funding will extend Micropep's market position, strengthen partnerships, and build new relationships within the industry, ultimately bringing micropeptide-based products to farmers worldwide.
Micropep Technologies, leader globale nelle tecnologie di protezione delle colture a base di micropeptidi, ha chiuso con successo il suo round di finanziamento di Serie B con un ulteriore impegno di 11 milioni di dollari. Questo investimento, proveniente dai nuovi investitori Corteva Inc. e Sparkfood SA, insieme agli investitori esistenti, porta il totale del round di Serie B a 40 milioni di dollari e aumenterà il finanziamento totale dell'azienda a oltre 60 milioni di dollari.
Il capitale supporta il pipeline di soluzioni sostenibili a base di micropeptidi di Micropep, utilizzando la sua piattaforma di scoperta proprietaria, Krisalix™. Questa piattaforma consente ai ricercatori di scoprire nuove molecole di micropeptidi in modo efficiente, per una protezione delle colture più efficace e rispettosa dell'ambiente. I micropeptidi offrono opzioni innovative di protezione delle colture per gli agricoltori, combinando nuovi modi d'azione, sicurezza, elevata efficacia e convenienza.
Questo finanziamento estenderà la posizione di mercato di Micropep, rafforzerà le partnership e costruirà nuove relazioni all'interno dell'industria, portando infine prodotti a base di micropeptidi agli agricoltori di tutto il mondo.
Micropep Technologies, líder global en tecnologías de protección de cultivos a base de micro péptidos, ha cerrado exitosamente su ronda de financiamiento de Serie B con un compromiso adicional de 11 millones de dólares. Esta inversión, de los nuevos inversores Corteva Inc. y Sparkfood SA, junto con los inversores existentes, eleva el total de la ronda de Serie B a 40 millones de dólares y aumenta el financiamiento total de la compañía a más de 60 millones de dólares.
Los fondos apoyarán la cartera de soluciones sostenibles a base de micro péptidos de Micropep, utilizando su plataforma de descubrimiento patentada, Krisalix™. Esta plataforma permite a los investigadores descubrir nuevas moléculas de micro péptidos de manera eficiente, para una protección de cultivos más efectiva y respetuosa con el medio ambiente. Los micro péptidos ofrecen opciones novedosas para la protección de cultivos a los agricultores, combinando nuevos modos de acción, seguridad, alta eficacia y asequibilidad.
Este financiamiento extenderá la posición de mercado de Micropep, fortalecerá asociaciones y generará nuevas relaciones dentro de la industria, llevando finalmente productos a base de micro péptidos a los agricultores en todo el mundo.
마이크로펩 테크놀로지스는 미세 펩타이드 농작물 보호 기술의 글로벌 리더로서, 추가로 1,100만 달러를 투자받아 시리즈 B 자금 조달 라운드를 성공적으로 마감했습니다. 새로운 투자자인 Corteva Inc.와 Sparkfood SA로부터의 이 투자에 기존 투자자들이 함께 참여하여 시리즈 B 라운드 총액은 4,000만 달러로 늘어나며, 회사의 전체 자금 조달액은 6,000만 달러를 초과하게 됩니다.
이 자본은 미세 펩타이드 솔루션의 지속 가능한 파이프라인을 지원하며, 마이크로펩의 독자적인 발견 플랫폼인 Krisalix™를 사용합니다. 이 플랫폼은 연구자들이 효율적으로 새로운 미세 펩타이드 분자를 발견할 수 있도록 하여, 보다 효과적이고 환경 친화적인 농작물 보호를 가능하게 합니다. 미세 펩타이드는 농부들에게 새로운 작물 보호 옵션을 제공, 새로운 작용 모드, 안전성, 강력한 효과 및 경제성을 결합합니다.
이번 자금 조달은 마이크로펩의 시장 입지를 확장하고, 파트너십을 강화하며, 업계 내에서 새로운 관계를 구축할 것이며, 궁극적으로 미세 펩타이드 기반 제품을 전 세계 농부들에게 제공할 것입니다.
Micropep Technologies, leader mondial dans les technologies de protection des cultures à base de micropeptides, a réussi à clôturer sa levée de fonds de Série B avec un engagement supplémentaire de 11 millions de dollars. Cet investissement provient des nouveaux investisseurs Corteva Inc. et Sparkfood SA, ainsi que d’investisseurs existants, portant le total de la levée de fonds Série B à 40 millions de dollars et augmentant le financement total de la société à plus de 60 millions de dollars.
Ce capital soutiendra le pipeline de solutions de micropeptides durables de Micropep, en utilisant sa plateforme de découverte propriétaire, Krisalix™. Cette plateforme permet aux chercheurs de découvrir de nouvelles molécules de micropeptides de manière efficace pour une protection des cultures plus efficace et respectueuse de l'environnement. Les micropeptides offrent aux agriculteurs des options novatrices pour la protection des cultures, combinant de nouveaux modes d'action, sécurité, efficacité élevée et accessibilité.
Ce financement permettra d'étendre la position de marché de Micropep, de renforcer les partenariats et de nouer de nouvelles relations au sein de l'industrie, apportant ainsi des produits à base de micropeptides aux agriculteurs du monde entier.
Micropep Technologies, der globale Marktführer für Mikropeptid-Technologien zum Schutz von Pflanzen, hat erfolgreich seine Series-B-Finanzierungsrunde mit einer zusätzlichen Verpflichtung von 11 Millionen US-Dollar abgeschlossen. Diese Investition von den neuen Investoren Corteva Inc. und Sparkfood SA sowie bestehenden Investoren bringt die gesamte Series-B-Runde auf 40 Millionen US-Dollar und erhöht die Gesamtsumme der Finanzierungen des Unternehmens auf über 60 Millionen US-Dollar.
Das Kapital wird die Pipeline von nachhaltigen Mikropeptid-Lösungen von Micropep unterstützen, indem es die eigene Entdeckungsplattform Krisalix™ nutzt. Diese Plattform ermöglicht es Forschern, neue Mikropeptid-Moleküle effizient zu entdecken, um einen effektiveren und umweltfreundlicheren Pflanzenschutz zu gewährleisten. Mikropeptide bieten Landwirten neuartige Schutzoptionen, die neue Wirkmechanismen, Sicherheit, starke Wirksamkeit und Wirtschaftlichkeit kombinieren.
Diese Finanzierung wird die Marktposition von Micropep erweitern, Partnerschaften stärken und neue Beziehungen in der Branche aufbauen, mit dem Ziel, letztendlich mikropeptidbasierte Produkte an Landwirte weltweit zu bringen.
- Successful closure of Series B funding round with an additional $11 million, bringing total Series B to $40 million
- Total company funding now exceeds $60 million
- Investment from new strategic partners Corteva Inc. and Sparkfood SA
- Proprietary Krisalix™ platform enables efficient discovery of new micropeptide molecules
- Micropeptides offer novel crop protection with new modes of action, safety, efficacy, and affordability
- None.
Insights
Micropep's successful closure of its Series B funding round with an additional
The investment from Corteva Inc. and Sparkfood SA, along with existing investors, provides Micropep with substantial capital to accelerate their product development and market entry. This funding will likely enhance their competitive position in the sustainable agriculture sector, particularly in developing environmentally friendly crop protection solutions.
For investors, this news signals potential growth opportunities in the agricultural technology space, especially in sustainable and AI-driven solutions. The involvement of major players like Corteva adds credibility to Micropep's technology and market potential. However, as a private company, direct investment opportunities for retail investors are The impact on Corteva (CTVA) could be positive if Micropep's technology proves successful, potentially leading to future partnerships or acquisitions in this innovative field.
Micropep's Krisalix™ platform represents a significant advancement in crop protection technology. By combining AI algorithms with bioassays, it enables rapid discovery of novel micropeptide molecules, potentially revolutionizing the development of sustainable crop protection solutions.
The key advantages of Micropep's technology include:
- New modes of action to combat resistance
- Improved safety profile compared to traditional chemicals
- Strong efficacy at affordable costs for farmers
- Environmentally friendly alternatives to conventional pesticides
This investment will likely accelerate Micropep's time-to-market, potentially disrupting the
The capital will propel ongoing support for Micropep’s pipeline of sustainable micropeptide solutions by harnessing the power of its proprietary discovery platform, Krisalix™, to develop affordable, effective crop protection solutions.
Micropep’s proprietary discovery platform, Krisalix™, allows researchers to discover new micropeptide molecules seamlessly and rapidly for more efficient and environmentally friendly crop protection compared to traditional methods used within the industry. Krisalix™, a robust screening tool, measures efficiency, stability, and production feasibility by combining proprietary micropeptide design algorithms with a unique suite of bioassays.
“On the heels of the initial raise of
Corteva, Inc., through its Corteva platform, collaborates with entrepreneurs and innovators to accelerate the development of early-stage, disruptive technologies that enable farmers to sustainably produce more food and feed.
“Micropep is helping shape the accelerated delivery of sustainable innovation through their micropeptide crop health solutions, and we’re excited to stand with Micropep among the leading investors in this funding round,” said Tom Greene, senior director at Corteva, Inc. and global leader for Corteva Catalyst, the company’s investment and partnership platform. “The technologies they are developing—particularly as leaders in the peptide space—complement Corteva’s own leadership in biologicals and natural products and are crucial for the expansion of environmentally friendly and effective crop protection solutions.”
Sparkfood is a subsidiary of Sonae, a multinational Portuguese holding company backed by a long-term value-driven family. Sparkfood funds & fuels next-generation of food companies towards a sustainable, healthier future. Micropep’s addition to Sparkfood’s portfolio highlights their commitment to invest in food impact companies in all sectors from the farm to the table.
“We see the combination of three pillars of innovation built by Micropep to produce micropeptide-based biosolutions as a major breakthrough in the industry,” said Anouk Veber, Head of Ventures at Sparkfood. “Between an AI tool, a platform approach capable of producing multiple end applications from various modes of action, and a low-cost and scalable production approach, we believe Micropep is well positioned. Sparkfood will support the company over time through its market expertise, potential subsequent fundings depending on needs, and portfolio complementarity, including potential synergies with our latest investment, BCF Life Sciences, as both companies are tackling the bio-inputs space through different approaches.”
Much of Micropep’s success has been the demonstrated ability to offer novel crop protection options for farmers. Micropeptides are unique in that they combine new modes of action, have a great safety profile, offer strong efficacy in the field at an affordable cost to farmers, and offer a solution to the increasing resistance to traditional chemical alternatives. Because of this, Micropep is positioned to offer an entirely new category of sustainable crop protection active ingredients based on micropeptides to the industry, working collaboratively with select partners throughout the different stages of the product development lifecycle. This
To learn more about Micropep and its Series B funding, visit the website here.
About Micropep Technologies
Micropep Technologies, with operations in the US and
About Corteva
Corteva, Inc. (NYSE: CTVA) is a global pure-play agriculture company that provides farmers around the world with the most complete portfolio in the industry – including a balanced and diverse mix of seed, crop protection and digital solutions focused on maximizing productivity to enhance yield and profitability. With some of the most recognized brands in agriculture and an industry-leading product and technology pipeline well positioned to drive growth, the Company is committed to working with stakeholders throughout the food system as it fulfills its promise to enrich the lives of those who produce and those who consume, ensuring progress for generations to come. Corteva became an independent public company on June 1, 2019 and was previously the Agriculture Division of DowDuPont. More information can be found at www.corteva.com.
About Sparkfood-sonae
Sparkfood is a subsidiary of Sonae, a multinational holding managing a diversified portfolio of leading businesses including food retail. Backed by a long-term value-driven family, Sparkfood funds & fuels next-generation of European companies towards a sustainable, healthier future. From acquiring and operating small to mid-cap companies within the food industry to investing and accelerating startups through early-stage, minority, hands-on investments, Sparkfood is sparking innovation to nourish the world. More information at www.sparkfood.com
View source version on businesswire.com: https://www.businesswire.com/news/home/20240926870742/en/
For Micropep:
Sarah Shkargi
sshkargi@cglife.com
Source: Micropep Technologies
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