Agriculture biotechnology startup BioPrime Agrisolutions has raised $6 million in its Series A funding round, with Edaphon leading the investment. This marks Edaphon’s first venture in Asia, alongside contributions from existing investors Omnivore and Inflexor. The Pune-based company previously raised Rs 9 crore in its pre-Series A round in October 2022, also led by Inflexor Ventures and Omnivore.
The newly secured capital will drive BioPrime’s research in crop protection, particularly the development of bio fungicides and bioinsecticides. The funds will also aid in scaling up its operations and expanding its innovative agribiological solutions to new markets.
About BioPrime Agrisolutions
Founded in 2016 by Renuka Karandikar, Amit Shinde, and Shekhar Bhosle, BioPrime specializes in affordable agribiological products that boost crop resilience against pests and environmental stressors such as extreme temperatures and water scarcity. The company’s biostimulants are already showing promise, with ongoing trials in the United States as it prepares for market expansion into North America, Brazil, and Southeast Asia.
BioPrime’s growth is powered by its proprietary BioNexus platform, which has identified over 170 unique microbial strains from a vast library of nearly 18,000. These advancements underscore BioPrime’s commitment to revolutionizing agricultural biotechnology and improving global food security.
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Strategic Backing
Aside from its investors, BioPrime receives support from prominent entities such as BIRAC, DBT, the Government of India, Venture Center, NCL Biotech Business Incubator, RICH, the Telangana Government, and UnLtd India, underscoring its role as a key innovator in sustainable agriculture solutions.
