Founded in 2012 and focused on the physiology of plant water use, Asilomar Bio has developed a pipeline of chemistry that improves crop performance. Asilomar recently agreed to license to Koch Biological Solutions one of Asilomar's pipeline products for foliar and in-furrow application in row crops. Asilomar Bio's first commercial product contains a novel active ingredient that can 'rewire' the hydraulic architecture of the plant, improving how a plant senses, responds and uses water and nutrients from the soil. Its performance has been validated in more than 200 field trials over six growing seasons.
| Date | Amount | Type | Investors | Valuation |
|---|---|---|---|---|
| 12/11/17 | undisclosed | Series B |
Cavallo Ventures Cultivian Sandbox Venture Partners Fall Line Capital Syngenta Ventures | undisclosed |
