Arevo has secured 75 million SEK in funding to expand its innovative arginine phosphate solution into the agricultural sector, aiming to reduce synthetic fertilizer dependence and enhance sustainable farming practices.
Target Information
Arevo, a company based in Umeå, Sweden, aims to revolutionize the agricultural sector with a focus on reducing the reliance on synthetic fertilizers. With over 30 years of research, notably from Torgny Näsholm at SLU, the company has secured 58 patents related to its innovative solution, arginine phosphate. Arevo’s unique product leverages arginine, the most positively charged amino acid, to enhance nutrient retention in soil and promote healthier plant growth, thereby reducing nitrogen runoff.
Industry Overview in Sweden
The agricultural industry in Sweden is undergoing significant transformations driven by environmental concerns and the need for sustainable practices. In recent years, synthetic fertilizers have become a point of contention due to their contribution to greenhouse gas emissions, with current estimates attributing 7% of global emissions to their usage. As the global population continues to rise, the urgency to develop more sustainable agricultural practices has never been higher.
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Sweden’s agricultural landscape is influenced by stringent regulations aimed at minimizing environmental impacts. The European Union has set ambitious targets, including a commitment to halve ni
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Industrifonden
invested in
Arevo
in 2024
in a Seed Stage deal
Disclosed details
Transaction Size: $7M