Ceradis, a Wageningen, the Netherlands-based company developing crop protection products, has raised €4.5m in funding.
Backers include existing investor Value8 and new shareholder Rabo Ventures.
The company intends to use the funding to accelerate its growth.
A spin off from Wageningen University, Ceradis develops patented fungicides applicable to a broad range of fruit and vegetable crops (including potato, tomato, grape, banana and pineapple), which reduce chemical residues.
The company is led by
– Wim van der Krieken, PhD, CEO and Chief Scientist;
– Desiree Engelen, Msc, COO and Regulatory Affairs/IP; and
– Johan Grootscholten, Ir, Sales & Marketing manager NA & EMEA.