Fresh funding to help food security startup Ceragen bloom
Ceragen raises US$2 million to expand operations and product portfolio
Danielle and Matthew Rose. Ceragen’s new location includes growing space to test new products for cucumbers and strawberries
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.
