 St. Louis, Missouri -- Agriculture technology company Arvegenix has received $2.5 million in venture capital equity investment, according to a recent SEC regulatory filing.
Arvegenix is developing Field Pennycress as a new crop for the corn-soy growing regions of the world.
The benefit of the new crop is that it will grow over winter between the corn-soy a rotation periods, providing growers with a new revenue crop.
Investors in the financing were not disclosed, nor was how the company intends to use the funding proceeds.
Minimum investment per investor was designated as $25,000, per the filing. |