Aug 8, 2016
Vestaron completes $18 million financing round

Vestaron Corporation has completed an oversubscribed Series D round of financing totaling $18 million dollars. The round was completely funded by existing investors in the company.vestaron logo

The biological insecticide company will introduce its first product, SPEAR-T, before the 1st quarter selling season next year. SPEAR is believed to be the first biological insecticide that performs with efficacy comparable to that of synthetic insecticides, but with the benign effects of a biological insecticide. Two additional products utilizing the same active ingredient are slated for introduction later in 2017.

“We intend to use this additional investment to expand our research and development of new bioinsecticides, new synthetic molecules derived from them, and new plant incorporated insecticides,” said John Sorenson, president and CEO of Vestaron.




Current Issue

On-farm AI: Water, farm, labor research guide decisions

Data collection tool expands farm management

Carmel Valley winegrapes: Parsonage Village Vineyard

IFTA Yakima Valley tour provides orchard insights

IFTA recognizes tree fruit honorees

Pennsylvania recognizes fruit industry professionals

Fresh Views 40 Under 40

see all current issue »

Be sure to check out our other specialty agriculture brands

produceprocessingsm Organic Grower