AgroSustain attracts Silicon Valley based Agtech Fund

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14.01.2020
Sylvain Dubay, Olga Dubey

AgroSustain, the Vaud startup bringing to market efficient, plant-inspired solutions against molds, aiming to reduce alimentary waste and to promote healthy food has attracted a key new investor to support its growth: Palo Alto based Agtech Fund Agroecology Capital.

Agroecology Capital has welcomed AgroSustain in its portofolio. Based in the Silicon Valley, the Venture Capital Firm invests in early stages ventures (Seeds and Series A/B) that are building a safe, sustainable, productive, and equitable future for agriculture. Its strategy is to invest in a small number of companies, provide strategic and tailored support to the founders and add value through the experience of its team in successful agricultural companies. 

Taking on a major challenge

Food and Agriculture Organization of the United Nations estimated annual food waste at an equivalent of USD 1’000 billion, out of which USD 60 billion of fruits and vegetables lost due to fungal pathogens in post-harvest. Metabolites of some of the broadly spread molds in food storage facilities can have an additional adverse effects on humans. To this day, no efficient, cost-effective, organic treatments against molds are available on the market.

Founded in 2017 by Olga and Sylvain Dubey, agtech AgroSustain reduces food waste by producing post-harvest, plant-based, and organic treatments that extend fruits and vegetables’s shelf-life by several weeks. The startup is presently raising CHF 3 million to pursue its growth and bring its solution to the United States and Russia. The Swiss market will follow in the future.

(ES)

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