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Gates Foundation Backs Agritech Startup Enko In $45M Round

by businessinsider.com posted 8months ago 59 views
Agritech startup Enko has raised $45 million in a Series B funding round backed by the Gates Foundation. The global crop protection market is estimated to reach a $65 billion valuation in 2023 — but increased regulation and growing resistance to pesticides has slowed growth. Enko CEO Jacqueline Heard said that "safer, lower-use-rate products that provide good returns for farmers needs to be the rule and not the exception." Visit Business Insider's homepage for more stories.

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