Agri-biologicals startup BioPrime raises $6-M from Edaphon, Omnivore, Inflexor

Pune-based BioPrime has raised USD 6 million in a Series A round, led by Edaphon, with equal participation from existing investors Omnivore and Inflexor. This investment marks Belgium-based Edaphon’s first investment in Asia.BioPrime will use the capital to expand research in the crop protection segment, focusing on the co-development of biofungicides and bioinsecticides.Founded in 2016 by Dr Renuka Diwan, Dr Amit Shinde, and Dr Shekhar Bhosale, BioPrime develops agri-biologicals that improve crop resistance to pests, enable crops to manage abiotic stress such as high temperature, excessive water, and drought.