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Stock impact report

Micropep Closes Series B Round at $40M After Supplemental Funding Raised From Corteva, and Sparkfood

Corteva, Inc. (CTVA) 
Last corteva, inc. earnings: 1/30 06:00 am Check Earnings Report
Company Research Source: Business Wire
RALEIGH, N.C.--(BUSINESS WIRE)--Micropep Technologies (Micropep), the global leader in micropeptide crop protection technologies, today announced it has successfully closed its Series B funding round with an additional $11 million commitment. This investment, from new investors Corteva Inc. through its Corteva Catalyst platform, Sparkfood SA, as well as all existing investors brings the total Series B round to $40 million and elevates the company's total funding to over $60 million.The capital will propel ongoing support for Micropep’s pipeline of sustainable micropeptide solutions by harnessing the power of its proprietary discovery platform, Krisalix™, to develop affordable, effective crop protection solutions.Micropep’s proprietary discovery platform, Krisalix™, allows researchers to discover new micropeptide molecules seamlessly and rapidly for more efficient and environmentally friendly crop protection compared to traditional methods used within the industry. Krisalix™, a rob Show less Read more
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