MycoNourish raises funding to improve crop production with customized microbes

05.06.2020

MycoNourish, a new biotechnology company and spin-out of the James Hutton Institute, announced the completion of a £150K funding round led by Techstart Ventures.

The funding, combined with a recent £125K Higgs Award from Scottish EDGE, will allow the company to grow the business and release their first two products targeted at enhancing yield and quality in strawberry and tomato crops.

The start-up’s innovative technology aims to sustainably improve crop production by taking advantage of microbes that work in symbiosis with crops. This is done with the assistance of beneficial fungi, known as mycorrhizae, which act as a secondary root system for plants, and work with crops to enhance yields. Using these beneficial organisms adds value for growers by increasing their margins and supporting them to be globally competitive.

Techstart Ventures specializes in seed investment for early-stage companies based in Scotland and Northern Ireland.

MycoNourish will launch its first line of products later in the year.

More information:
www.myconourish.com

 

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