PowerPollen has filed a notice of an exempt offering of securities to raise $24 Million in New Equity Investment.
According to filings with the U.S. Securities and Exchange Commission, PowerPollen is raising up to $24,000,000.00 in new funding. Sources indicate that as part of senior management President, Todd Krone 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 PowerPollen
PowerPollen offers a breakthrough, scalable technology to collect, preserve and apply pollen on-demand to help improve the productivity, profitability and sustainability of modern farming practices. Following multiple seasons of year-round field trials, PowerPollens patented pollination technology increased yield by more than 20% in commercial hybrid corn seed production fields. The company has successfully applied its technology across thousands of commercial acres over the past several years. PowerPollen is headquartered in Iowa with additional research operations in Puerto Rico and Texas.
To learn more about PowerPollen, visit http://powerpollen.com/
Contact:
Todd Krone, President
515-262-5502
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