Vive Crop Protection Secures Series C Extension Funding to Accelerate Agricultural Innovation
23 May 2024 - 4:06PM
Vive Crop Protection, the leading innovator in evolving crop inputs
through its cutting-edge Precision Chemistry™ platform, proudly
announces the successful closure of its Series C extension funding
round. This significant investment reflects continued investor
backing for Vive’s upward trajectory in the face of challenging
market conditions.
The Series C extension injects substantial capital into Vive to
further advance its ground-breaking technologies and drive demand
into new markets. This strategic investment underscores the growing
demand for sustainable agricultural solutions and positions Vive
for continued growth and impact in the industry.
"We are thrilled to receive strong support from our existing
shareholders as we advance our mission of transforming agriculture
through innovation," says Darren Anderson, CEO of Vive Crop
Protection. “Our prior funding round accelerated the development
and commercialization of our next-gen products, which has resulted
in unprecedented growth. Our team and shareholders are doubling
down on that success to empower farmers with more innovative,
high-ROI crop protection solutions.”
Vive is dedicated to optimizing conventional and biological crop
inputs for improved product performance from the jug to the field.
Harnessing the power of Precision Chemistry and Vive’s proprietary
nano-polymer, Allosperse® Delivery Technology, Vive products offer
superior compatibility, efficacy, and sustainability compared to
conventional crop protection solutions.
“As a long-term shareholder, I am impressed with how far Vive
has come in the past few years,” said Bill Lambert, Vive's Chair
and a former Partner at Birch Hill Equity Partners. “To go from
launching eight products over six years to the goal of launching
five products annually is unprecedented for most large companies,
let alone one the size of Vive, but with this investment their
high-velocity commercialization engine is poised to do just
that.”
For more information about Vive Crop Protection and its
groundbreaking solutions, visit www.vivecrop.com.
About Vive Crop ProtectionAt Vive, we create
Precision Chemistry™ that simplifies crop production and delivers
real results to growers. Powered by Vive's patented Allosperse®
Delivery Technology, we optimize conventional and biological crop
inputs for improved product performance from the jug to the field.
Learn more at vivecrop.com.
For Media Inquiries Contact:
Emily RodenMarketing and Communications ManagerVive Crop
Protection919-649-2398eroden@vivecrop.com
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/8de42f5c-d4f6-4b6d-a277-a6091cb1df3e