BiocSol, a Louvain-la-Neuve, Belgium-based company providing microbial-based biopesticides, raised €5.2M in Seed funding.
The round was led by Agri Investment Fund and VIVES IUF with participation from Invest.BW and IMBC Spinnova SA.
The company intends to use the funds to expand its team, broaden its R&D pipeline and kickstart the regulatory processes for its pioneering biofungicides.
Led by new CEO Denis Payen and CTO and founder Simon Caulier, BiocSol is a a UCLouvain spin-off that develops microbial-based biopesticides empowering farmers by providing an efficient biocontrol to protect their crop. By harnessing specific microbial substances, the company creates biosolutions targeting key agricultural challenges, such as mildew agents.
FinSMEs
20/11/2024