EcoPesticides gains funding
The US biopesticide company, EcoPesticides International (Albuquerque, New Mexico), has received an $89,000 investment from the University of New Mexico's technology transfer and development organisation, STC.UNM, through its co-investment fund. The fund was established in April and can make investments of up to $100,000. EcoPesticides was set up in 2013 using technology developed at the University of New Mexico and licensed through STC.UNM. It acquired an exclusive global licence this year to encapsulation technology aimed at protecting biopesticides from ultra-violet rays and heat.