Molagri raises $5.2-million USD seed round to bolster work on pesticides that “evolve”
AI Summary
Toronto-based AgTech startup Molagri has emerged from Y Combinator with investor backing to hire more scientists. The news: Molagri, which is developing easily updatable pesticides to “evolve” alongside pest resistance, announced this week that it has raised a total of $5.2 million USD ($8.2 million CAD) in seed funding. The funding comes in addition to the roughly $600,000 USD it raised before joining San Francisco-based accelerator Y Combinator, which it graduated from last month.
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