Cultiva received $1.9 million in Series B financing from an undisclosed investor.
Cultiva’s proprietary, food-grade biofilm technology, known as SureSeal, acts as a cuticle supplement on plants. The company’s objective is to explore and develop the capabilities of this technology to make products that provide growers with solutions to suppress fruit cracking, enhance quality traits of harvested fruits and vegetables, and extend the marketable shelf life of high-value crops.
With the investment in place, Cultiva is set to open a new in-house manufacturing facility in Las Vegas for production during the 2018 growing season. According to the company, this facility is expected to bring new manufacturing jobs to the city. Cultiva will also use this capital to invest in additional sales and marketing resources to fuel international business.
Agriculture Technology Startup Closes $1.9 Million
