Catalyst AgTech wins agchem technology R&D funds
Israeli start-up investment company Impact First Investments (IFI) is investing in Israeli technology firm Catalyst AgTech (Misgav). It develops technology that minimises the environmental impact of agrochemicals. Catalyst’s technology can be applied to more than 40% of agrochemical active ingredients, including major herbicides, fungicides and insecticides. Catalyst co-founder and CEO Shalom Nachshon sees enhanced R&D through the investment. "This strategic partnership with IFI will allow Catalyst AgTech to expand our R&D activities and accelerate our time to market," he says. "Our solutions present a completely new approach to preventing agrochemical contamination, enabling the use of highly efficient, proven agrochemicals while significantly reducing their environmental impact."