Symvan Capital led the seed round to support the firm in scaling its team and accelerating product development.
"Symvan Capital and the University of Strathclyde's decision to invest in PropEco underscores the growing importance of integrating environmental and social factors into financial and property decisions."
The seed round was led by Lightspeed Faction with participation from Blockchain Coinvestors and Chris Adelsbach.
"Everything we do at LO:TECH is built on top of great trading infrastructure. This investment from Faction – a team known for backing disruptive, entrepreneurial teams – is validation of our vision and will allow us to push forward building innovative trading technology and services."
The oversubscribed round was co-led by Forbion, FMC Ventures, and Corteva Inc.
"SOLASTA Bio has come a long way since we set out on this journey 3 years ago. Having established operations in the UK and US, we’ve now got an international team with outstanding competencies in technology and agribusiness and, importantly, we have developed our unique technology platform to address grower pain points. The results of our field trials have been hugely encouraging, demonstrating high efficacy of biopeptides against target insect pests, as effective or better than standard insecticides. With Series A now secured, it’s time for SOLASTA Bio to kick on to the next level and successfully hit our targets for commercialisation."