Oakland California based Terviva is raising $65,876,000.00 in New Equity Investment.
Oakland, CA – According to filings with the U.S. Securities and Exchange Commission, Terviva is raising $65,876,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Naveen Sikka played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About Terviva
Formed in 2010, TerViva is an agricultural technology company that produces pongamia trees with abundant protein- and oil-rich seeds similar to soybeans. We provide patented high-yielding trees to growers and offer proprietary bean processing to create sustainable food ingredients. TerViva uses pongamia to restore degraded farmland to productive use. We are dedicated to helping growers feed people while taking care of the planet. We partner with growers to cultivate thousands of acres of pongamia tree plantings in Florida, Hawaii and Australia and wild harvest beans from smallholders in India. Our traceable supply chains turn sustainably grown pongamia beans into nutritious plant-based food ingredients.
To learn more about Terviva, visit http://www.terviva.com/
Contact:
Naveen Sikka, Chief Executive Officer
510-241-2639
naveen.sikka@terviva.com
https://www.linkedin.com/in/naveensikka/
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