PheroSyn, an innovative agricultural technology company specializing in the development of insect pheromones for sustainable crop protection, announced today that it has secured investment from Tall Grass Ventures (TGV), a leading Canadian venture capital firm focused on early-stage agri-food tech startups. This funding will accelerate PheroSyn’s mission to replace harmful chemical pesticides with more sustainable alternatives.
A spin-out from the renowned chemical ecology research group at Rothamsted Research in the UK, PheroSyn is committed to providing farmers and growers with effective and sustainable pest management solutions. The company’s groundbreaking pheromone-based products offer a safer and more targeted approach to pest management, minimizing the environmental impact of traditional pesticides.
“We are delighted to partner with a firm that shares our vision for a more sustainable future in agriculture,” said Dr. Mary Ellis, Co-founder and CEO of PheroSyn. “This investment is a significant step towards advancing the growth of our company, and will enable us to expand our product portfolio, accelerate research and development, and reach a wider market with our innovative solutions. Ultimately, farmers and growers across the world are facing renewed pressures with fewer products in their toolbox, and this support will allow us to scale and expand our solutions to help protect crops while also preserving the earth’s biodiversity.”
PheroSyn’s proprietary pheromone production methods allow for the creation of cost-effective and environmentally friendly pest management products. By harnessing the power of natural insect communication systems, the company’s novel products offer a targeted and effective way to manage pests, while preserving biodiversity and minimizing the risk of resistance development.
“Quality of founders is at the top of the list in the venture world, and we found Mary and Daniel excellent to work with, very down to earth, and extremely motivated to succeed in this endeavour.” said Chris Edwards, Managing Partner at Tall Grass Ventures. “Insect pheromones are not easy to synthesize accurately, and so PheroSyn’s unique technological approach coupled with a market waiting for a solution, really made us stop and take notice.”
About Tall Grass Ventures
Tall Grass Ventures is a venture capital firm investing in early-stage companies that are reimagining the future of agriculture and food. With a team of experienced investors and operators, TGV partners with visionary entrepreneurs to build category-defining businesses. To learn more visit www.tallgrass.vc