AgroSpheres, a leader in developing the next generation of environmentally friendly crop health products, announced today that it had raised $22 million in a Series B financing round led by Lewis & Clark AgriFood and Ospraie Ag Science. Bidra Innovation Ventures and its existing investor, Cavallo Ventures, participated in the financing round. This funding will be used to accelerate product commercialization, expand manufacturing capacity, and seed broader applications of the AgroSpheres AgriCell platform technology.

AgroSpheres envisions a future built by nature's technologies. Located in Charlottesville, VA, the company's mission is to transform agriculture through reliable and affordable biobased solutions. AgroSpheres' patented AgriCell and AgriShell technologies enable the development of biological pesticides that have a multi-year shelf-life and high efficacy in the field. AgroSpheres' delivery platform makes it cost-effective to deliver oils, small molecules, and semiochemicals in the field at a significantly reduced dose.