Agrisoma Biosciences scores C$12 million investment round

In Canada, Agrisoma Biosciences Inc. announced it has completed a C$12 million investment round. In addition to new investor Desjardins Capital, the lead investor Cycle Capital Management and existing investors BDC Capital and Lune Rouge also participated in the round.

“The biofuel developed by Agrisoma allows for a major change in the greenhouse gas emissions associated with air transport worldwide,” said Luc Ménard, Chief Operating Officer of Desjardins Capital, a component of Desjardins Group, which offers Quebec entrepreneurs access to a broad business network to support the growth of their businesses. “We are proud to invest in a Canadian flagship that is a leader in the fight against climate change.”