Plant Response established its Research Triangle Park roots two years ago. Those roots are set to grow deeper, nourished with the backing of a large fertilizer and crop nutrients business.
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Plant Response, which selected the Triangle for its headquarters location in 2017, has raised more than $9 million in debt, including an option, warrant, or other right to acquire another security, from six investors, according to an SEC filing.
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Not all of the food waste happens at home. Grocery stores dispose of a lot of food, much of it destined for landfills. WISErg has developed technology that captures nutrients from food scraps and turns them into fertilizer. Now that technology belongs to Plant Response.
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The RTP-headquartered biological solutions company Plant Response has made its third acquisition and plans to scale delivery of biologicals and nutrient efficiency technologies after striking the deal with WISErg, a Seattle-area startup.
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It comes less than a year after the firm, under the business name Delta PRB, raised a whopping $75.9 million in equity and debt.
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RESEARCH TRIANGLE PARK – Plant Response, a Spanish agricultural biologicals company with North American headquarters in Durham, has expanded its capabilities by acquiring a Florida-based microbial science company. Plant Response acquired Pathway BioLogic of Plant City, Fla., to broaden its portfolio of biological products for agriculture. Tom Warner, board chairman...
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