Solasta Bio Ltd. Asset Profile

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Year established

2020

Location

Glasgow UK

Primary Industry

Biotechnology

About

Based in Glasgow, UK, and founded in 2020, Solasta Bio Ltd. provides environmentally friendly products for crop protection. In April 2023, In September 2024, Solasta Bio raised USD 14 million of series A funding co-led by new investors Forbion, FMC Corporation and Corteva Agriscience, with participation from returning investors Cavallo Ventures, Rubio Impact Ventures, Scottish Enterprise, UK Innovation & Science Seed Fund, SIS Ventures. New investor University of Glasgow also participated in the round. The company offers modern pest management approaches which include the development of short peptides that disrupt the function of pest species and at the same time it does not affect beneficial insects and vertebrates. The company plans to use the September 2024 funding to accelerate the development of its unique peptide-based, nature-inspired bioinsecticides.

Current Investors

The Yield Lab, SIS Ventures, UK Innovation & Science Seed Fund

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Primary Industry

Biotechnology

Sub Industries

Bioinformatics

Website

www.solastabio.com

Verticals

Agtech, Manufacturing

Company Stage

Series A

Total Amount Raised

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