Whitepaper writing services from Greenbang - click here to find out more.
 
Home | Research Store | Work With Us | Events | Insight | Press | About | Newsletter | Contact

Green pesticides land $10m

Published Friday, 15th August 2008

Apparently, in the US of A, it’s rather common practice to put some weird additive in the beer to turn it green on St Patrick’s Day. Greenbang wonders why anyone would do such a thing to beer unless it was a punishment or it had gone radioactive, but there you go. Just don’t get her started on the French habit of adding lemonade and grenadine to beer. Shudder.

But to return to the point: Greenbang thought that putting in some food colouring a la Saint Paddy’s was the only viable way of turning pesticides green, but apparently not.

Marrone Organic Innovations makes organic pesticides for gardens and agriculture (its product goes by the excellent name of Nature’s Avenger)

Marrone Organic Innovations, no less, has scored $10m in VC funding for its work in just such an area, with a further $1m expected later this month.

Among the investor were Stuart Mill Venture Partners, who led the round, Contrarian Group and existing investors “One Earth Capital, Saffron Hill Ventures, Clean Pacific Ventures, Wavepoint Ventures and prominent local angel investors.”

Here’s where the investment will go, according to Marrone:

The financing will enable MOI to fund the development and commercialisation of its pipeline of more than six natural pest management products. While building the commercial side of the company, MOI will continue its discovery of natural products for controlling weeds, plant parasitic nematodes and insects.

Bookmark and share:
  • Twitter
  • Google Bookmarks
  • LinkedIn
  • Facebook
  • Reddit
  • StumbleUpon
  • Digg
  • Slashdot
  • del.icio.us
  • email
  • Print
  • PDF




Please note: Comment moderation is enabled and may delay your comment. There is no need to resubmit your comment.












RELATED NEWS

Latest Insight

Heat dials up on smart-thermostat wars thumbnail

Heat dials up on smart-thermostat wars

Transform boring, old technology into something with next-generation smarts and huge market potential,
How NOT to cover energy news thumbnail

How NOT to cover energy news

What’s the best way to understand developments in the energy world? A Daily
How much coal is left? thumbnail

How much coal is left?

Compared to natural gas, the US is using proportionately less coal than it

LATEST REPORTS
1

Who’s the leading smart-city brand?

More than half of the world’s nearly seven billion people now live in urban areas, and that proportion is expected to reach almost 69 per cent by 2050. To avoid pushing local and global systems to the point of collapse, cities will need to become much smarter and more efficient Read more ...
more info
2

Managing the smart-grid data overload

Developing the UK’s smart-grid infrastructure will require communications and data technologies that can manage far more information than utilities must handle today. That’s the focus of a strategy report from Greenbang Research: “Enabling the UK’s smart-grid future: The wireless spectrum debate.” The report answers such questions as: Should dedicated Read more ...
more info
3

Incentives fire up UK solar market

The introduction of the feed-in tariff (FIT) incentive policy on 1 April has sparked an explosive reaction in the UK renewable energy market with solar leading the way in installations, according to a new Greenbang research report titled, “The UK’s Feed-in Tariff: Impact, response and market trends for the decade Read more ...
more info