First Investment: 2021
EXIT - Acquisition (FMC Corporation: FMC)
Insects devour up to 20 percent of food crops before they’re harvested; farmers fight back by spraying fields with millions of tons of pesticides annually. BioPhero takes a safer and more environmentally friendly approach, engineering microbes to produce synthetic pheromones that confuse male insects and interrupt mating cycles. Agricultural sciences company FMC Corporation acquired BioPhero in 2022 as part of a commitment to biological crop protection.
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