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Insider UK

Business

Peter A Walker

Scottish agritech firm secures £4 million scale-up funding

Scottish Enterprise United Kingdom United States

A Scottish agricultural technology business, specialising in the next generation of green insecticides, has secured £4m of new investment to scale up development.

Investment in SOLASTA Bio's pre-Series A funding round was led by Yield Lab Europe, with other investors including Rubio Impact Ventures, Scottish Enterprise, Cavallo Ventures, SIS Ventures, UKI2S and several private agritech investors.

Funding also includes grant support from Innovate UK’s Transforming Food Production competition and Scottish Enterprise.

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