Catalera BioSolutions secures $8M Series A funding to revolutionize pest control

In a significant boost to the future of sustainable agriculture, Catalera BioSolutions, has successfully closed its Series A funding round, drawing substantial investment to further its groundbreaking approach to biological pest control. As the agricultural sector increasingly shuns synthetic chemicals, Catalera BioSolutions stands at the forefront of this transformative shift.

Emerging from Vancouver’s ag-tech landscape, Catalera BioSolutions—a spin-off from the well-regarded Terramera—has announced the initial closure of its Series A funding, with the full $8 million round anticipated to be completed by the end of 2024. This influx of capital will enable Catalera to broaden its portfolio of biological pest control solutions, which currently includes products for specialty crops, for row crops, and for bed bug treatment. The company is also gearing up to unveil new offerings, including TRIFECTO, which has recently been registered in Mexico.

The recent investment surge, led by S2G Ventures and supported by FCC Capital, highlights the growing interest in biological pest control as the agricultural industry faces challenges with synthetic chemicals. These traditional chemicals have been linked to problems such as soil degradation, water contamination, and risks to food security, making the search for alternative solutions more urgent than ever.

Catalera BioSolutions offers innovative solutions aimed at creating a more sustainable approach to pest control, benefiting both organic and conventional farmers who manage high-value crops like fruits, vegetables, and grains. Sanjeev Krishnan of S2G Ventures views Catalera’s technology as crucial for transforming pest control practices, noting that the biological pest control market is at a pivotal moment with many farmers reconsidering their use of synthetic chemicals.

FCC Capital’s investment in Catalera reflects a broader dedication to advancing sustainable agricultural practices. FCC, as a Crown corporation, continues to support Canadian agriculture through flexible financing and capital solutions, reinvesting its profits into the sector and its communities.