Cultiva, a Las Vegas, NV-based manufacturer of proprietary biofilm produce coatings, received a $3.95m investment through the Nevada New Markets Tax Credit program.
The funding will finance the transfer of Cultiva’s production process from an out-of-state, third party vendor to an internally-run production facility located in Las Vegas.
Led by Luis Hernandez, CEO, Cultiva offers a food-grade biofilm technology known as SureSeal™, a specialized coating that provides growers with a solution to substitute conventional wax-based chemicals, suppress fruit cracking, enhance quality traits of harvested fruits and vegetables, and extend the marketable shelf life of high-value crops.
FinSMEs
16/07/2015