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Arvegenix Adds Venture Capital Equity

Wednesday, May 27, 2015 5:33:00 AM PDT | VentureDeal
   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.

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