Durham North Carolina based Vestaron is raising $101,458,823.00 in New Equity Investment.
Durham, NC – According to filings with the U.S. Securities and Exchange Commission, Vestaron is raising $101,458,823.00 in new funding. Sources indicate as part of senior management President and Chief Executive Officer, Anna Rath 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 Vestaron
Recent winner of the Green Chemistry award, Vestaron is leading a peptide-based revolution in crop protection. We are committed to providing growers with novel, effective chemistries that address proven targets. Our peptides overcome existing resistance issues while offering a desired safety profile for workers, beneficials and the environment. Initially, Vestaron is focused on a class of peptides that kills insect pests efficiently, but is safe for humans, birds, fish, pollinators and the environment. As part of this, the company has developed a proprietary platform for peptide optimization and fermentation-based peptide production that will allow development of a wide variety of biologic crop protection solutions. Vestaron is proud to bring you the Power of Peptides through the SPEAR brand family – providing new technology with a unique mode of action in a biological solution equal to, and often better, than the synthetic options; creating the opportunity to incorporate a new IRAC Group 32 into rotation recommendations for resistance management.
To learn more about Vestaron, visit http://www.vestaron.com/
Contact:
Anna Rath, President and Chief Executive Officer
269-372-3108
arath@vestaron.com
https://www.linkedin.com/in/anna-rath-6a854512/
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