Tech Company Financing Transactions
BioLumic Funding Round
On 6/27/2022, BioLumic raised $13.5 million in Series B investment from OurCrowd, Arcview Group and Bravos Capital.
Transaction Overview
Company Name
Announced On
6/27/2022
Transaction Type
Venture Equity
Amount
$13,500,000
Round
Series B
Investors
Proceeds Purpose
The company intends to use the funds to accelerate commercial growth for its patented agricultural technology that leverages ultraviolet light to improve plant productivity. BioLumic will market its technology, focusing specifically on cannabis, soybean, corn, canola and strawberry.
Company Information
Company Status
Private & Independent
Industry
AgTech
Mailing Address
21 Dairy Farm Road
Palmerston North, 4440
New Zealand
Palmerston North, 4440
New Zealand
Phone
Undisclosed
Website
Email Address
Overview
Increasing yields sustainably is what drives us at BioLumic. Our technology uses a ground-breaking culmination of photobiology, engineering and data science. We have a team of plant scientists, agronomists, engineers and data scientists based in the United States and New Zealand working every day to maximise the power of UV.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Adrian Percy
Chief Executive Officer
Steve Sibulkin
Chief Scientific Officer
Jason Wargent
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Where The Data Comes From
We do our best to report on tech company VC transactions. VC investment data records reported here are sourced from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
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