- Raised $650k funding round, Apr 2016
About
PhloemAid has developed a control measure for use against phloem bacterial pathogens. Phloem-restricted bacteria cause billions of dollars in damage annually due to lower yield and product quality in crops infected by diseases such as grapevine yellows, citrus greening disease, and lethal yellowing disease in coconuts. Phloem pathogens are associated with diseases in hundreds of plant species, including economically important food crops such as vegetables, fruit, and ornamentals, as well as timber and shade trees. PhloemAids technology is based on the previously unidentified Frateuria defendens bacterium, which is highly effective against phloem pathogens. The bacterium penetrates the phloem of numerous crops, including citrus, grapes, carrots, sesame, potatoes, tomatoes, and others. It can be introduced into the plant through both the roots (by watering) and the leaves (by spraying). Promising results have been achieved both in laboratory and field experiments in various crops. PhloemAid is a fully owned subsidiary of COPIA Agro and Food Technologies Fund.
Funding history · 1 round · $650K total
Q&A
- What is PhloemAid's primary focus?
- PhloemAid develops biopesticides to combat phloem bacterial pathogens, which cause significant damage to various crops globally.
- When was PhloemAid founded?
- PhloemAid was founded in April 2016.
- What is PhloemAid's total funding to date?
- PhloemAid has raised a total of $650,000.
- Who invested in PhloemAid's funding round in April 2016?
- Copia Agro & Food invested in PhloemAid's funding round in April 2016.
- What is the core technology behind PhloemAid's solution?
- PhloemAid's technology is based on the Frateuria defendens bacterium, which effectively penetrates the phloem of various crops to combat pathogens.
- What is PhloemAid's current product stage?
- PhloemAid's product is currently in the R&D stage.
- What is PhloemAid's relationship with COPIA Agro and Food Technologies Fund?
- PhloemAid is a fully owned subsidiary of COPIA Agro and Food Technologies Fund.
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Identifiers & details
| Founded | 2016-4 |
|---|---|
| Employees (exact) | 6 |