Rabo Ventures and Value8 Invest in Ceradis

Rabo Ventures and Value8 jointly announced an investment in Ceradis, which develops crop protection products.

Ceradis, a spin off from Wageningen University, The Netherlands, develops patented fungicides that contain up to 80% less harmful components than conventional alternatives. The company has developed a portfolio of crop protection products, applicable to a broad range of fruit and vegetable crops (including potato, tomato, grape, banana and pineapple). The products significantly reduce chemical residues on fruit and vegetables and pollution of farmland.

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“We are impressed with the deep knowledge base of Ceradis and the products the company has developed,” said Koen van Engelen, Director at Rabo Ventures. “Ceradis is in a unique position to bridge the gap between biological products that often still lack in performance and the more effective yet polluting conventional crop protection products.”
Value8 has been an investor in Ceradis since early 2010. Rabo Ventures is entering as a new shareholder, as part of a 4.5 million euro investment round.

“With the additional capital and the addition of Rabo Ventures in the shareholder base, the company makes a next step in its development towards becoming a leading company in this field,” said Kee Koopmans, Investment Director at Value8. “We are confident that Ceradis is well positioned to become a leading player in the field of crop protection development, which is an objective that would be welcomed by our shareholders.”

Source: Ceradis, edited by FCI Staff

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