Agtech company PowerPollen raises $13 million to accelerate product innovation
PowerPollen, an ag tech company focused on improving agricultural productivity, closed its $13 million Series B funding round to accelerate worldwide adoption of its pollination on-demand technology.
The funding will expand the company’s ability to help customers boost yield and enable product innovation.
“For the first time in history, we have the potential to extend the lifespan of pollen at a commercial scale, and then apply it on-demand in three of the world’s most valuable crops. This innovation is key to unlocking yield and improving quality,” said Dr. Todd Krone, co-founder and CEO of PowerPollen.
“PowerPollen has achieved significant milestones in a short period as the impact of its novel technology is readily recognized by global agribusinesses,” said Brian Jones, chief operating officer at the Iowa Corn Growers Association.