Minagro, a Louvian-la-Neuve, Belgium-based developer of green products for crop care, raised €1.2M in funding.
The round was led by its management team with participation from Invest.BW and K&E.
The company intends to use the funds to continue its market validation process and scale-up the ingredients in its current portfolio. Plans include reinforcing its R&D assets in bio-based and specialty chemistry and developing collaboration projects, in order to widen its agrochemical ingredient product line.
Founded in 2019 by Arnold de Maere, managing director, Minagro develops green products for crop care. Its solutions, based on sustainable raw materials, aim to improve crop protection and nutrition inputs while limiting the crop care industry’s impact on the environment. The company conducts research activities in confirmed proprietary technologies from green and specialty chemistries. Its solutions are dedicated to contributing positively to environmental challenges by supporting agrochemical companies with green and safer ingredients such as in-can preservatives, adjuvants, solvents and bio-stimulant actives.
Collaborations have already been initiated with different regional innovation clusters (Wagralim and Greenwin) and research centers, such as UCLouvain, HE Condorcet and Celabor.
FinSMEs
18/04/2023