Key Takeaways:
- AgroSpheres and BASF collaborate on a novel bioinsecticide aimed at enhancing crop protection.
- The partnership leverages AgroSpheres’ AgriCell-powered biomolecules.
- The bioinsecticide has shown high efficacy at low dose rates in controlling lepidopteran pests.
- The companies aim to deliver sustainable crop protection products for farmers worldwide.
- Both AgroSpheres and BASF emphasize sustainability and innovation in agriculture.
AgroSpheres and BASF Announce Collaboration
AgroSpheres, a leader in biotechnology for sustainable crop protection, and BASF, a global agricultural solutions provider, have announced a strategic partnership to develop a novel bioinsecticide. The collaboration is expected to reshape biological crop protection, offering farmers an advanced tool to manage pests while promoting sustainability in agriculture.
The bioinsecticide, which is being developed using AgroSpheres’ AgriCell-powered biomolecules, has demonstrated remarkable efficacy in controlling lepidopteran pests at low dose rates. This marks a significant step forward in the efforts of both companies to deliver innovative, eco-friendly crop protection solutions.
Leaders in Innovation and Agriculture
AgroSpheres’ CoFounder and CEO, Payam Pourtaheri, expressed enthusiasm about the collaboration, noting, “Our partnership with BASF exemplifies the synergy that can be achieved when innovative biotech meets extensive agricultural expertise. The results of our bioinsecticide development are extremely promising, and we are eager to continue our work together to bring effective solutions to farmers worldwide.”
Ameer Shakeel, CoFounder and CTO of AgroSpheres, added, “This collaboration is a testament to our team’s ability to develop novel biomolecules, amplify them with the AgriCell and forge strategic partnerships to reach farmers around the world. We are proud to partner with BASF and are excited about the potential impact of our partnership.”
Both companies share a commitment to further research and development in sustainable agriculture. Their goal is to accelerate the bioinsecticide’s product development timeline and launch a series of innovative products powered by the AgriCell platform.
Driving Sustainability in Agriculture
Stephanie Jensen, Vice President of Crop System Rice and Portfolio Solutions Insecticides and Seed Treatment at BASF Agricultural Solutions, emphasized the importance of this partnership, stating, “We are incredibly encouraged by the results we’ve achieved thus far and by the potential impact for our customers from this innovative technology. Moving forward, our focus remains on delivering a bioinsecticide that adds genuine value for farmers, promoting higher yields and healthier crops.”
Stefan Tresch, Head of New Technologies & BioSolutions at BASF Agricultural Solutions, added, “BASF is dedicated to developing innovative solutions that provide added benefit to our agricultural customers, and we believe in the unique value represented by the AgriCell platform. AgroSpheres has showcased some of the most promising biomolecules we’ve encountered. Our collaboration with AgroSpheres is a testament to the power of partnerships in driving innovation.”
AgroSpheres Latest News
Closes $37 Million Series B Funding Round (2024/10/02)
AgroSpheres Inc. has closed a $37 million Series B funding round led by Zebra Impact Ventures, showcasing its commitment to sustainable crop protection and crop health. The funding will support AgroSpheres’ product development, investment in biomanufacturing facilities, expansion into new markets, and further development of its revolutionary AgriCell platform. The AgriCell platform aims to enhance field performance while minimizing environmental impact, and is designed to meet the growing global demand for sustainable agricultural solutions. The funding will allow AgroSpheres to scale operations, advance R&D capabilities, and bring its breakthrough technology to farmers worldwide. Key investors, including Zebra Impact Ventures’ Managing Partner Lionel Artusio-Payot, expressed enthusiasm for AgroSpheres’ potential to revolutionize the crop protection industry.
Achieves Organic Certification for Innovative Agricultural Solutions (2024/01/17)
AgroSpheres, Inc. has obtained certificates from the Organic Materials Review Institute (OMRI) for its proprietary products, AgroSpheres® Microbially-Derived Minicells (AgriCell) and Thyme Oil 26% LC Biofungicide. These products are certified to adhere to the USDA National Organic Program standards and are now approved for use in organic crop pest, weed, and disease control. The products are currently under review by the US EPA for use in crop pest, weed, and disease control. Field trials have shown positive results in crop quality and plant health.
AgroSpheres Banks Expansion of $25M Series B (2023/11/28)
AgroSpheres has completed its $25M Series B funding round with a strategic investment from FMC Corporation and other prominent investors. Their advanced technology promises to revolutionize sustainable crop protection and enhance global agricultural practices. The investment is expected to drive innovation and expand the reach of sustainable technologies worldwide.
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