RTP agtech startup AgBiome raises $116M in fight to feed world responsibly
Story Date: 9/15/2021

 

Source: WRAL TECHWIRE, 9/14/21

 Agtech startup AgBiome, has raised another $116 million as it steps up crop protection product development with the stated goal of “feeding the world responsibly.” The new round was oversubscribed, meaning investors put more money into the company than its original funding goal. AgBiome had raised more than $100 million in previous rounds, including backing from the Bill and Melinda Gates Foundation. AgBiome focuses primarily on the microbial level, researching and developing microorganisms and proteins that can kill pests, fungal diseases and weeds. 

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