Tech Company Financing Transactions

Solasta Bio Funding Round

Solasta Bio, based in Glasgow, Scotland, raised $5 million from The Yield Lab, Cavallo Ventures and Rubio Ventures.

Transaction Overview

Company Name
Announced On
4/11/2023
Transaction Type
Venture Equity
Amount
$5,017,000
Round
Seed
Proceeds Purpose
The company intends to use the funds to scale up its UK and US operations, expand its technical and commercial teams, creating 25 jobs, accelerate the development of its technology platform and target new markets.

Company Information

Company Status
Private & Independent
Industry
AgTech
Mailing Address
c/o Brodies LLP, 110 Queen St
Glasgow, Scotland, G1 3BX
UK
Phone
Undisclosed
Email Address
Overview
SOLASTA Bio is an ambitious bioinsecticides start up with a unique proposition: nature-inspired small molecule insect control products for the global agricultural market.
Profile
Solasta Bio LinkedIn Company Profile
Social Media
Solasta Bio Company Twitter Account
Company News
Solasta Bio News
Facebook
Solasta Bio on Facebook
YouTube
Solasta Bio on YouTube

Management Team

Title
Name
Email & Social
Chairman
Rob Wylie
  Rob Wylie LinkedIn Profile  Rob Wylie Twitter Account  Rob Wylie News  Rob Wylie on Facebook
Chief Executive Officer
Shireen Davies
  Shireen Davies LinkedIn Profile  Shireen Davies Twitter Account  Shireen Davies News  Shireen Davies on Facebook
Chief Financial Officer
David Armour
  David Armour LinkedIn Profile  David Armour Twitter Account  David Armour News  David Armour on Facebook
Chief Operating Officer
Paul Bernasconi
  Paul Bernasconi LinkedIn Profile  Paul Bernasconi Twitter Account  Paul Bernasconi News  Paul Bernasconi on Facebook
Chief Scientific Officer
Julian Dow
  Julian Dow LinkedIn Profile  Julian Dow Twitter Account  Julian Dow News  Julian Dow on Facebook


 

 

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Prev: 4/11/2023: VintaBio venture capital transaction
Next: 4/11/2023: Energy Exploration Technologies venture capital transaction

 

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We report on all VC transactions involving tech companies. VC investment data records reported here are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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