Vive Crop Protection Closes $26M Series C Funding

Vive Crop Protection, a Toronto, Canada-based provider of a delivery system that improves the targeting and performance of both synthetic and biological active ingredients, raised $26M in Series C funding.

The round was led by Emmertech with participation from the Cibus funds, and existing investors Business Development Bank of Canada (BDC), Export Development Canada (EDC), and Urbana Corporation. Vive has also secured debt financing from Silicon Valley Bank (SVB).

The company intends to use the funds to accelerate the commercial deployment of its product portfolio into new North American markets while advancing its research and development pipeline.

Led by CEO Darren Anderson, Vive Crop leverages proprietary Allosperse technology, which is a nanoscale, polymer-based delivery system to improve the targeting and performance of both synthetic and biological active ingredients, enhancing farmers ROI and sustainability profile.

In the last 18 months, the company has experienced rapid growth which is evident in new product registrations, and increases in customer base, employment roster, and revenue – which has more than doubled from sales of its seven EPA-registered products.

Vive Crop Protection Closes $26M Series C Funding.Congratulations to the entire team. I wish you great success in this endeavour.

Shishir Gupta, Founder and CEO, StartupLanes

Don’t keep wondering about funding, you can also raise funds. Learn how to raise funds here: Yes I want to raise funds.

If you are an emerging startup and are looking for investors to raise funds, StartupLanes has its own angel network and investment banking services and is connected to angel investors and VCs in 15 countries that ensure that our member startups have easy access to external funds to scale up constantly.

You can subscribe to our news posts by entering your email in the box on the right side of this page.

Check out our YouTube channel for insightful content from the Indian startup ecosystem.

Or join our Whatsapp group to interact with other founders: Yes, I want to join the Whatsapp group.

The right investment is key to beating inflation and growing your wealth. Do you wish to become an angel investor? Yes, I want to be an angel investor.

Are you a startup and facing challenges in your business? Do you want to grow your business? It is not as difficult as it sounds. Learn how to grow your business here- Yes, I want to grow my business. For any rectifications, reach out to ashu@startuplanes.com