“Poor farmers in sub-Saharan Africa and South Asia face tremendous hurdles, such as unproductive soil, plant diseases, pests and drought,” said Vipula Shukla, Senior Program Officer at the Bill & Melinda Gates Foundation. “This investment will ensure that AgBiome’s expertise is applied to creating new, affordable tools for these farmers that will protect their staple crops from pests and diseases.”
“We couldn’t be happier about adding these great new investors to the AgBiome family,” said Andrew Graham, CFO of AgBiome, Inc. “The combination of marquee investors, our R&D partnerships, and the terrific team we are continuing to build puts us in a unique position to be the most successful agricultural innovator ever.”
Tom Dietz, Chairperson of AgBiome’s Board, added, “These superb investors joining the syndicate backing AgBiome is evidence of how much the company has accomplished in the 2 ½ years since its founding. AgBiome is making a huge mark on the ag industry.”