Tech Company Financing Transactions
Worm Power Funding Round
USDA joined a $900 thousand funding round for Worm Power. The round was announced on 1/27/2025.
Transaction Overview
Company Name
Announced On
1/27/2025
Transaction Type
Debt
Amount
$900,000
Round
Undisclosed
Investors
Proceeds Purpose
The grant will provide Worm Power the funds needed to expedite expansion plans at the company's ten-acre vermicomposting fertilizer facility in Avon, N.Y., as well as optimize manufacturing processes to enhance production levels and global product availability.
Company Information
Company Status
Private & Independent
Industry
AgTech
Mailing Address
Undisclosed
Avon, NY Undisclosed
USA
Avon, NY Undisclosed
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Worm Power has been the world leader in organic vermicompost products, helping growers improve crop yield and plant performance through increased root development and plant nutrient uptake.
Management Team
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