April 11, 2023
💸 Investment News 💸: Solasta Bio
Protecting crop yields while preserving the environment is one of the biggest challenges of today. The global insecticides market is currently dominated by synthetic chemicals accounting for 94% of insect control solutions. These conventional approaches are damaging our ecosystems and fail to deliver safe effective food production. Fortunately, the next generation of green insecticides is on his way. Meet our latest addition to Rubio’s ‘Champions of Change’: Solasta Bio.
The next generation of green insecticides
Solasta Bio is a Scotland-based bioinsecticides startup with a unique proposition: insect control products that are nature-inspired. The company’s product portfolio includes peptide-based ‘Insect Control Agents’ to control a wide spectrum of pests, including those with resistance to synthetic chemistries, enabling farmers to manage pests and insects and improve crop production in a safe, sustainable and eco-friendly manner.
Right in the sweet spot
Founders Professors Shireen Davies and Julian Dow, and their amazing team, managed to translate deep insect physiology knowledge to pest control that has no collateral damage to pollinators or other animals and leaves no chemical residues in nature. In other words, it kills the insect pest and does not affect bees, other insects or animals. This is a huge white spot in the current market offering and we believe that this technology has the potential to bring a paradigm shift in crop protection. We are happy to be supporting the further development of Solasta Bio investing together with co-investors The Yield Lab and Cavallo Ventures.
Professor Shireen Davies, CEO, Solasta Bio: “The global market for insecticides has been under intense scrutiny for many years now, with growing demands on food production requiring greater levels of crop protection, counterbalanced by heightened concerns for the environment. Through our proprietary technology platform, we have developed a world-leading solution which represents a profound change for how insect control agents are discovered, and a step-change in how we not only protect our crops worldwide but also our ecosystem. This Seed+ funding now allows us to accelerate our R&D development.”
If you would like to learn more about this next generation of green insecticides, check out the Solasta Bio website.