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AgriMetis raises $7.3 million

The US crop protection products discovery company, AgriMetis (Lutherville, Maryland), has completed a $7.3 million financing round led by its co-founders, Acidophil (Lutherville, Maryland) and Syngenta Ventures. AgriMetis is seeking to develop "natural products" for weed, pest and disease control for crops and non-crop applications.  "The vision of AgriMetis is to marry recent advances in synthetic biology and chemistry with the advantages that natural products and their derivatives bring to crop protection, focusing on developing new products with improved pest specificity and lowering the cost of goods," says AgriMetis chief executive officer Philip Goelet.

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