Groundwork Bioag Raises $11 Million to Advance Bioagriculture Globally
b'Mazor, Israel--(Newsfile Corp. - May 12, 2021) - Groundwork BioAg announced today it raised $11 million in venture capital financing led by Ibex Investors with the participation of ProDelta and Future Foodways.
- b'Mazor, Israel--(Newsfile Corp. - May 12, 2021) - Groundwork BioAg announced today it raised $11 million in venture capital financing led by Ibex Investors with the participation of ProDelta and Future Foodways.
- With this new funding, Groundwork BioAg will accelerate and expand production of its mycorrhizal platform to meet global demand for natural, sustainable solutions that increase agricultural productivity while preserving soil health.\nGroundwork BioAg, a global bioagriculture technology company, produces highly effective mycorrhizal inoculants.
- "With its high efficacy and broad applicability, Groundwork BioAg can feasibly treat over one billion hectares, nearly all of the world\'s farmland, with these beneficial fungi.
- Groundwork BioAg is the first to use innovative techniques to solve challenges inherent in high-volume mycorrhizal inoculant production.