a year ago

CroBio Raises €1.45 Million to Enhance Agricultural Drought Resilience

  • CroBio, a UK-based agtech startup, has secured €1.45 million in seed funding led by The Grantham Foundation for the Protection of the Environment, with participation from SOSV, Ponderosa Ventures, and continued support from Catapult Ventures Group

  • CroBio's technology utilizes microbes to enhance drought resilience and soil regeneration in agriculture, contributing to reduced greenhouse gas emissions

  • The funding will support field trials, expand geographical reach, and advance CroBio's mission to improve global drought resilience.

      • ProblemAgriculture

      "Droughts are a major problem for agriculture, leading to crop failure and food insecurity. They also exacerbate climate change by releasing greenhouse gases from dry soil."

      Solution

      "CroBio has developed a solution that uses microbes to create a sponge-like material around crop roots, which helps to retain water and reduce greenhouse gas emissions. This makes crops more resilient to drought and helps to improve soil health."

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