Terms
- Announced
- 14 Sept 2021
- Instrument
- Equity
- Amount
- US$15.0m
- Source
- businesswire.com
Parties
- Project developer
- Andes (Andes Ag, Inc.)
- Recipient type
- Technology company
- Country
- United States
- Capital providers
Capital providers and the amount counted for each Party Role Amount Basis Leaps by Bayer Investor US$1.88m Estimated: an even share, 1 of 8 Cavallo Ventures Investor US$1.88m Estimated: an even share, 1 of 8 Builders VC Investor US$1.88m Estimated: an even share, 1 of 8 Germin8 Investor US$1.88m Estimated: an even share, 1 of 8 Accelr8 Investor US$1.88m Estimated: an even share, 1 of 8 WS Investment Company Investor US$1.88m Estimated: an even share, 1 of 8 KdT Ventures Investor US$1.88m Estimated: an even share, 1 of 8 Endurance Investor US$1.88m Estimated: an even share, 1 of 8
Carbon
- Pathway
- Soil carbon / regenerative agriculture
What happened
- Leaps by Bayer and Cavallo Ventures co-led. WS Investment Company is the investment fund affiliated with Wilson Sonsini Goodrich and Rosati and participated as a principal, not as an adviser. Fen Ventures, carried by the third-party database, is not named by the company; Endurance is.
Kumo note
- Two strategic corporate arms co-led, Bayer’s Leaps unit and Wilbur-Ellis’ Cavallo Ventures, which puts the agricultural distribution channel on the cap table alongside the science. The round also includes the investment fund affiliated with a law firm, investing as a principal.
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