Montreal, Quebec, Canada
April 25, 2017
The biological crop input Synergro™, produced by Inocucor Technologies, received official organic certification for use by Canadian growers from Pro-Cert Organic Systems Ltd. The approval verifies compliance with Canadian Organic Standards and the U.S. Department of Agriculture's National Organic Program.
Synergro is a live-cell formulation for high-value produce, such as strawberries, tomatoes, lettuce and broccoli. Synergro and another Inocucor product, Synergro Free™, are among the first microbial crop inputs to be registered by the Canadian Food Inspection Agency (CFIA).
Inocucor uses a patented fermentation process to combine multi-strains of bacteria and yeasts into powerful soil and plant optimizers that are safe for people and the environment. These products naturally improve crop yields, shorten growing periods and create healthier, more resilient soils for farmers and greenhouse growers.
In other news, Inocucor recently completed the $38.8 million CAD first close of its Series B financing round, with lead investor TPG Alternative and Renewable Technologies (San Francisco) and participation from Cycle Capital Management (Quebec), Desjardins Innovatech (Quebec) and Closed Loop Capital (U.S.).
About Inocucor
Inocucor is an ag biotech company that develops powerful natural biological products for agriculture targeting the phyto-microbiome—the seeds, plants, root systems and the soil surrounding them. Inocucor's first-generation product, Garden Solution®, soon to be re-branded as Synergro™, employs live microbes to actively improve the health of the entire phyto-microbiome. Its second product, Synergro Free™, and future generations of Inocucor products are powerful biological formulations for bio-stimulation, bio-fertility and bio-control targeting mainstream production agriculture. For more information, visit www.inocucor.com
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