5Metis has filed a notice of an exempt offering of securities to raise $5,500,000.00 in New Equity Investment.
According to filings with the U.S. Securities and Exchange Commission, 5Metis is raising up to $5,500,000.00 in new funding. Sources indicate that as part of senior management President and Chief Executive Officer, Steven Tuttle 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 5Metis
Welcome to 5Metis, Inc. A pure-play discovery agrichemical company headquartered in Research Triangle Park, NC. Founded in 2021 thanks to a collaborative union between two existing agrichemical platforms: Boragen, Inc. and AgriMetis, LLC. 5Metis leverages exclusive expertise in boron based small molecule discovery and natural product synthetic biology. Today, 5Metis is paving the way for elevated standards in crop protection, discovering new molecules with novel modes of action not currently found in the agrichemical space. By harnessing the properties of boron, 5Metis is delivering lower use rates, greater specificity, less persistence in the environment, and better plant health. The greatest advantage? 5Metis is the only company with this unique intellectual property, exclusive boron chemistry library, and overall know-how to drive truly differentiated solutions. The 5Metis business model focuses on discovery and early development and will offer eventual partnerships for further development of de risked compounds with an attractive biological profile.
To learn more about 5Metis, visit http://www.5metis.com/
Contact:
Steven Tuttle, President and Chief Executive Officer
317-701-3007
https://www.linkedin.com/in/stevenlktuttle/
SOURCE: http://www.intelligence360.io
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