Fresh funding to help food security startup Ceragen bloom 

Ceragen raises US$2 million to expand operations and product portfolio

July 16, 2024

Ceragen, a startup that optimizes fruit and vegetable production, has raised US$2 million in a seed funding round that will help expand its operations and develop its technology in additional countries. 

The startup, based out of Velocity, University of Waterloo’s startup incubator, develops soil microbes that aid in the growth of fruit and vegetables grown in greenhouses. The financing round was co-led by Divergent Capital and existing investor 1517 Fund, with participation from Ajira Ventures.

Read full press release.