FA Bio is an innovative startup that aims to revolutionize the agricultural industry with its ground-breaking solution for preemptive detection of plant pathogens. Founded in 2015, the company has garnered significant attention in the Agriculture, Biotechnology, Health Care, and AgriTech sectors. Its pioneering device, FungiAlert, is the only of its kind designed to identify Phytophthora spores, effectively preventing crop infections by providing early warnings. By monitoring and assessing the health of both soil and irrigation water, the company offers a comprehensive approach to plant disease prevention. The most recent milestone for FA Bio was the successful closing of a £5.30M Venture Round investment on 09 January 2024. This significant investment was led by prominent names in the industry including Pymwymic, Clean Growth Fund, and Ship2B Ventures. This demonstrates strong investor confidence in the company's vision and technology. With its focus on early detection and preemptive measures, FA Bio has positioned itself as a key player in the agricultural space, offering a crucial solution to minimize plant loss and enhance overall crop health. The recent investment injection is expected to further propel the company's growth and expansion in the agri-tech market.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Venture Round | £5.30M | 3 | 09 Jan 2024 | |
Series A | $5.00M | 3 | Plug & Play Topeka | 01 Jun 2023 |
Grant | £224.19K | 1 | 31 May 2023 | |
Venture Round | $460.00K | - | 18 Apr 2019 | |
Seed Round | Unknown | 1 | 01 Jan 2017 |
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