AgroSpheres Awarded $50,000 from Center for Innovative Technology

AgroSpheres Awarded $50,000 from Center for Innovative Technology


CHARLOTTESVILLE, Virginia – AgroSpheres announces its selection as an awardee for the 2018 Research Commercialization Award. This distinction is supported by the Center for Innovative Technology’s (CIT) Commonwealth Research Commercialization Fund (CRCF). The mission of this fund is to accelerate innovation and economic growth in Virginia by advancing solutions to important state, national, and international problems through technology research, development, and commercialization. Since its inception in 2012, the CRCF has awarded funding to over 300 projects from around the commonwealth on topics ranging from data analytics to life sciences for a total of $25 million in funding. In 2018, AgroSpheres was selected as one of 13 companies specifically for the Commercialization Program.

AgroSpheres announces close of oversubscribed $750,000 seed round

AgroSpheres announces close of oversubscribed $750,000 seed round

CHARLOTTESVILLE, Virginia – AgroSpheres announces the successful close of an oversubscribed seed round of $750,000 from local and international angel investors. AgroSpheres is a biotechnology company developing novel nanotechnologies aiming to set a new standard for bio-based delivery of active ingredients. The funding will be used to broaden utility of the platform, build a strong intellectual property portfolio, and outfit the company’s facilities.