BioLumic
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | Late VC | ||
N/A | $1.2m | Late VC | |
$1.3m | Seed | ||
N/A | $200k | Late VC | |
N/A | Series A | ||
| $6.7m | Series A | |
N/A | N/A | Series A | |
N/A | $1.3m | Debt | |
* | $13.5m | Series B | |
* | $3.0m Valuation: $67.5m | Late VC | |
Total Funding | $25.9m |
Recent News about BioLumic
EditBioLumic is an innovative agtech startup based in New Zealand that specializes in ultraviolet (UV) light treatments for seeds and seedlings. The company operates in the agricultural technology market, focusing on enhancing plant growth, vigour, and yields through its proprietary UV technology. BioLumic's technology is unique in that it is clean, green, and free from genetic modification (GM), making it an attractive option for sustainable agriculture. The company primarily serves farmers and agricultural businesses looking to improve crop performance and productivity. BioLumic's business model involves the commercialization of its UV light treatment technology, generating revenue through the sale of its products and services to agricultural clients. The company has successfully raised significant funding, including a $5 million Series A round led by Finistere Ventures and Radicle Growth Acceleration Fund, with additional investment from Canopy Rivers. This funding supports BioLumic's research and development efforts and helps drive the commercialization of its technology on a global scale.
Keywords: UV light treatments, seed enhancement, seedling growth, plant vigour, crop yields, sustainable agriculture, GM-free, agtech startup, agricultural technology, funding.