New Zealand agtech statup BioLumic has raised a $5 million Series A round to commercialize its ultraviolet light-based seed and seedling treatments. The round was led by agtech VC Finistere Ventures And Radicle Growth Acceleration Fund.
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Palmerston North's BioLumic has been backed by $6.5 million worth of investments from around the world. The biological company confirmed its new financial backing on Wednesday night and announced a plan to "aggressively" expand its staff at both its New Zealand and United States offices.
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