Today is the official launch of #NaturesBuildingBlocks which explores solutions that lie within the building blocks of nature.

Spear® RC offers game changing technology for broad acre row crop farmers.

Vestaron, is proud to announce its membership as a Program Supporter of Leading Harvest, an industry leader in sustainability, created by and for all stakeholders across the agricultural value chain.

Vestaron Closes Another $10M in Series C Funding to Fuel Product Development and Market Expansion

Grosvenor Food & AgTech Investment Brings Total Series C fundraising for Vestaron to $92M

 

August 25, 2022 – (RTP, North Carolina) Vestaron, a leader in peptide-based biological crop protection, announced the addition of $10M to its Series C fundraising, adding Grosvenor Food & AgTech as an additional investor, and bringing the total raise to $92M. Grosvenor Food & AgTech joins Ordway Selections, Cavallo Ventures, Argonautic Ventures, Fortistar, Endeavor8, Novo Holdings, Northpond Ventures, CGC Ventures, iSelect and Syngenta Ventures in this round.

Headquartered in Research Triangle Park, NC, Vestaron is proving false the narrative that efficacy is sacrificed for the safety benefits of biological insecticides. The company has developed highly effective peptide-based biological insecticides, priced at parity with leading chemical pesticides, and designed to be soft on honeybees as well as other pollinators and beneficial insects, and also safe for fish and mammals. The SPEAR® brand family of products provides a novel and unique mode of action in a biological solution as effective as synthetic options, creating the opportunity to incorporate the new IRAC Group 32 into rotation recommendations for resistance management. 

The additional funding will enable Vestaron to accelerate the development of its product pipeline, consisting of additional peptide empowered solutions, each with a novel mode of action. These offerings will change the approach to integrated pest management strategies by providing a portfolio of powerful and rotatable solutions for growers to overcome pesticide resistance without sacrificing performance or safety – emPOWERED by peptides for the sustainability of farms, farmers and the planet.  This funding will also fuel Vestaron’s expansion from specialty fruit, vegetable and nut crops into broad acre row crops and into new insect pest categories.

Grosvenor Food & AgTech partners with businesses that leverage innovative technology to improve the world’s production of food. Vestaron’s platform of effective peptide-based solutions are on a path to transform crop protection,” explained Monty Bayer of Grosvenor Food & AgTech. “The future of global food systems depends on the ability of growers to successfully grow and profitably sell their crops, and we’re excited to invest in Vestaron’s sustainable, people- and pollinator-friendly pesticides that can vastly reduce the $70B in crop losses now faced by growers each year.” 

Vestaron’s CEO, Anna Rath, welcomes the partnership, “We’re excited to work with Grosvenor Food & AgTech because of their deep experience investing in the agtech sector. They’re one of the longest established investment firms in the space, and we look forward to leveraging their strengths as we continue to grow.”

About Vestaron Corporation
Vestaron is leading a peptide-based revolution in crop protection.  We are committed to providing growers with novel, effective peptide-based biopesticides that address proven targets.  Our peptides overcome existing resistance issues while offering a desired safety profile for workers, beneficials and the environment. Vestaron has earned global recognition for its work, including the inaugural 2015 Bernard Blum Award for novel biocontrol solutions, the prestigious Green Chemistry Challenge Award from the U.S. Environmental Protection Agency and the American Chemical Society Green Chemistry Institute in 2020 and Best New Biologic Product in the 2021 Crop Science Awards.

More information at www.vestaron.com

About Grosvenor Food & AgTech
Grosvenor Food & AgTech (previously known as Wheatsheaf Group) is an international investor in food and agriculture businesses. Our focus is to rethink and re-shape how food is grown, produced, distributed and consumed. We partner with like-minded people to understand the complex interconnectedness of our agricultural ecosystem to manage its effects and enhance human health, our environment and enable producers to thrive. We are one of the largest and longest established investment teams in the sector. Adopting a far-sighted perspective, we aim to develop innovative business models and harness the insights and power of technology to identify, develop and scale up lasting solutions. We are a values-led organisation which represents the Grosvenor family. Our work in food and agtech, alongside Grosvenor’s other activities in international urban property, rural estate management and support for philanthropic initiatives, shares a common purpose – to deliver lasting commercial, social and environmental benefit – addressing today’s needs while taking responsibility for those of future generations.

MEDIA CONTACT:
Steve Betz, Sr Director of Communications • (515) 665.7683 • sbetz@vestaron.com

“More growers are open to green products, as they have seen failures of synthetic chemistries, and know they don’t have tools left.” — Dayna Collett,

Vestaron, a leader in peptide-based biological crop protection, is pleased to announce the official closing of the Series C fundraising efforts at $82M as of May 12, 2022.

Vestaron is pleased to announce that its bioinsecticide, Spear® LEP, has been approved as the newest biological pesticide available to growers in Mexico. The approval across international borders solidifies Vestaron’s commitment to empowering growers

The Crop Science Forum & Awards 2021 recognizes excellence in the crop protection and production markets. The year 2021 marks the 14th instalment of the annual event and this year Vestaron is honored to have been awarded Best New Biological Product (Biopesticide) for Spear® LEP, the first novel nerve and muscular mode of action introduced since 2007.

Vestaron, a leader in the evolution of agricultural environmental science, is solidifying their commitment to sustainability through the launch of a new multi-faceted sustainability platform, emPOWERED by Purpose.

Vestaron Submits Another New AI for High-Value Field Crops. New BASIN product family the latest from Vestaron’s peptide-based pipeline