News

July 11, 2023

Aphea.Bio raises €70m Series C: See the pitch deck that clinched the deal

The conjoined problems of climate change, food insecurity and biodiversity loss have put a spotlight on the products farmers' use on their crops. Aphea.Bio is producing a new wave of fertiliser alternatives

Sadia Nowshin

3 min read

Belgian agriculture biotech company Aphea.Bio, which develops pesticide alternatives to boost crop growth, has raised a €70m Series C from investors including Innovation Industries, Korys Investments, the Bill & Melinda Gates Foundation and BNP Paribas Fortis. Existing investors including ECBF and Astanor also pitched in. 

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An indoor green space for testing.
Image: Aphea.Bio
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Sadia Nowshin

Sadia Nowshin was a reporter at Sifted covering foodtech, biotech and startup life. Follow her on X and LinkedIn

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