Mississauga, Ontario-based agricultural technology company Vive Crop Protection has secured $10 million in follow-on financing. The round was backed by new and existing investors, including Middleland Capital and the cleantech practice of the Business Development Bank of Canada (BDC). Founded in 2006 out of the University of Toronto, Vive develops new ways to use crop protection products using its Allosperse Delivery System, which improves the targeting and performance of pesticide ingredients. This creates farming efficiencies, as well as higher crop quality and yields. Led by CEO Darren Anderson, Vive will use the funds raised for commercialization of new products and continued field development.
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