BioPhero, the insect pheromone company, has raised $17 million in Series A funding led by DCVC Bio with participation from new investor FMC Ventures as well as existing investors.
The company will use this funding to boost production of several products and to produce pheromones, aiming to replace chemical insecticides with sustainable biological insect pheromones.
Notably, pheromones can be powerful to achieve the objective of insect pest control, while avoiding the negative effects on environment and biodiversity associated with overusage of synthetic chemicals.
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