Startup Produces Sustainable Alternatives to Pesticides and Receives Investment of R$10 Million; For Some Investors, the Biotech Will Spark a Revolution in Agriculture

Written by Bruno Teles

Published on 27/01/2023 at 14:35

CEO Rafael de Souza (Foto/divulgação)

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The biotech made an announcement this Friday (27) about raising between R$10 million. The funds MOV and Baraúna Venture Capital will participate in the first round of investments.

“Symbiomics aims to create solutions to tackle one of the biggest current challenges in agriculture, which is to sustainably increase productivity while generating a lower environmental impact. The company’s proposal is to develop next-generation biological products, containing new microorganisms and disruptive technologies. The raised funds will leverage the development of these solutions,” comments CEO Rafael de Souza.

According to MOV, manager of impact investment funds and one of the investors, this sustainable increase in food production to meet the urgent demands of a growing population remains one of the main challenges of the next decade.

For Baraúna Venture Capital, another investor, the expectations are that Symbiomics establishes itself as one of the main references in applied sciences in agribusiness.

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What Symbiomics Does:

Founded in 2011, this company develops high-performance products to achieve agricultural productivity increases in a more sustainable way, with lower environmental impact. These products also contain microorganisms used for various applications, such as plant nutrition, biocontrol, bio-stimulants, and carbon sequestration.

The company’s Research & Development department has been working with the most advanced technologies in genomics, microbiomes, and data analysis to increase agricultural productivity through various means, such as enhancing resilience to environmental stresses, biological control, and even biofertilizers.

Symbiomics also explores the country’s natural environments in search of more microorganisms with potential technological applications.

“Microorganisms from these environments hold enormous potential for use as biofertilizers, biostimulants, and biocontrol agents. The Amazon, for example, is rich in biodiversity, particularly microbial diversity, and will certainly provide microorganisms that support our thesis and generate local wealth and jobs,” says biotech COO Jaderson Armanhi.

According to him, Symbiomics will bring a true revolution to large-scale farming with products that provide significant production gains while drastically reducing the damage still caused to the environment.

How The Funding Will Be Used:

The biotech expects to inaugurate a laboratory located in Florianópolis in two months.

Furthermore, the company is already negotiating the licensing of products with multinationals operating in Brazil, Latin America, Europe, and the USA.

Green Biotechnology: Investment for Tropical Agriculture

Startup Produces Sustainable Alternatives to Pesticides and Receives Investment of R$10 Million; For Some Investors, the Biotech Will Spark a Revolution in Agriculture

The biotech made an announcement this Friday (27) about raising between R$10 million. The funds MOV and Baraúna Venture Capital will participate in the first round of investments.

What Symbiomics Does:

How The Funding Will Be Used:

Green Biotechnology: Investment for Tropical Agriculture

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Startup Produces Sustainable Alternatives to Pesticides and Receives Investment of R$10 Million; For Some Investors, the Biotech Will Spark a Revolution in Agriculture

The biotech made an announcement this Friday (27) about raising between R$10 million. The funds MOV and Baraúna Venture Capital will participate in the first round of investments.

What Symbiomics Does:

How The Funding Will Be Used:

Green Biotechnology: Investment for Tropical Agriculture

A giant printer called the “Ferrari” of concrete has landed in Latin America and can already build a 120-square-meter house in just 48 hours, making the traditional construction site look like something from the last century.

A British company has installed in the middle of the ocean the world’s first floating platform that generates electricity 24 hours a day from the temperature difference between the surface and the depths of the Atlantic, without relying on wind or sun.

Great Atlantic Sargassum Belt has ceased to be a climatic phenomenon and has become a biological system that feeds on itself, with 8,000 kilometers in length, 37 million tons of algae, and scientists confirm that it is now permanent.

China is building an artificial island in the middle of the sea, covering 20 km², to construct the largest offshore airport in the world, the Dalian Jinzhouwan. This $4.3 billion project is anchored on more than 3,000 pillars embedded in the rock beneath the ocean and is scheduled to open in 2035.

A robot named Walter does the work of five bricklayers per hour and can save the construction industry, where the average age of professionals is 46 years and almost no one wants to learn the trade anymore, in the United Kingdom.

Engineers had to pour concrete mixed with tons of ice throughout entire nights in the Dubai desert to erect the Burj Khalifa; any carelessness could clog the pipes half a mile high.

The James Webb telescope spotted a planet 700 light-years from Earth with mornings full of sand clouds and nights with clear skies, the temperature difference between the two hemispheres reaches an impressive 170 degrees.

After nearly three decades and more than 1 million cars produced, Toyota will close the historic Indaiatuba plant on June 30 and concentrate Corolla production in Sorocaba, as part of an R$ 11 billion plan that heavily invests in flex hybrids and even an unprecedented pickup.

The number of Brazilian meatpacking plants with suspended meat sales to China rises to five, after the Chinese blocked the JBS unit in Vilhena due to the presence of hormones in the shipments, adding extra pressure on the sector on the eve of the 2026 export quota being exhausted.

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After nearly three decades and more than 1 million cars produced, Toyota will close the historic Indaiatuba plant on June 30 and concentrate Corolla production in Sorocaba, as part of an R$ 11 billion plan that heavily invests in flex hybrids and even an unprecedented pickup.

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