May 16, 2022
Vestaron raises $82M in investment round

Vestaron recently closed Series C fundraising efforts, bringing in $82 million from new and existing investors at the peptide-based biological crop protection company.

Lead investors include Ordway Selections and Cavallo Ventures. Argonautic Ventures, Fortistar and Endeavor8 are also participating.

“The efficacy of Vestaron’s products, the company’s scalable manufacturing processes and the involvement of some of the leading strategic and financial investors allows Ordway Selections to confidently state that Vestaron is at an inflection point,” Ariel Barack, head of food and agriculture at Ordway Selections, said in a news release.

Vestaron welcomes returning investors: Novo Holdings, Northpond Ventures, CGC Ventures, iSelect and Syngenta Ventures.

“Vestaron has developed groundbreaking peptide technology with a successful commercial launch in the agricultural industry,” Craig Herron, managing partner at iSelect, said in the release. “We are excited to have a hand in the revolution in this early stage.”

Barack, Herron and Mike Wilbur, from Cavallo Ventures, are joining Vestaron’s board of directors as board observers.

“With the caliber of additional investors, our recently added board of directors, Randy Papadellis and audit chair Susan Altschuller, Vestaron is primed for a strong and dynamic future,” Vestaron CEO Anna Rath said in the release.

For more information, visit www.vestaron.com.




Current Issue

Patchwork Farms offers healthy fresh produce for residents lacking options

Digicrop views robotics, precision ag

Growers feel fertilizer, input cost crunch

Driscoll’s pioneering indoor strawberries

Tips presented to curb asparagus disease damage

Transplant drench fights devastating carrot weevil

Farm Market column: How to find, keep your farms’ CSA members

Ag Labor Review column: Heat is on; employers work to care for workers

see all current issue »

Be sure to check out our other specialty agriculture brands

produceprocessingsm Organic Grower