EcoPesticides completes funding round
The US biopesticides company, EcoPesticides International (Albuquerque, New Mexico), has completed a $400,000 investment round. The funds will advance EcoPesticides' technology, support operations and secure research and development partners, the company points out. EcoPesticides has a global licence from the University of Mexico to encapsulation technology aimed at protecting biopesticides from ultra-violet rays and heat. The company's trials on encapsulated biopesticides targeting locusts and grasshoppers in West Africa and the US state of Montana are yielding promising results, according to EcoPesticides' president and CEO, Les Stewart. "This funding allows us to accelerate our development efforts and enables us to focus our lab operations in Santa Fe on accelerated commercialisation activities," he adds.