# Clean Crop Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/clean-crop-technologies

- Industry: Agribusiness
- Headquarters: Holyoke, US
- Website: www.cleancroptech.com
- Total disclosed funding: $8.8M
- Latest round: Series A (Dec 15, 2021)
- Investors on record: 8

## About

Clean Crop Technologies, Inc. is a US-based company that specializes in innovative agricultural solutions, focusing on enhanced seed treatment and crop yield improvements through proprietary technology.Clean Crop Technologies, Inc. was founded in 2019 in Holyoke, US, and specializes in agricultural innovations. The company was co-founded by Daniel Cavanaugh and Daniel White, who also serves as the CEO. Clean Crop has completed a total of 3 deals, with their most recent funding round occurring on July 11, 2024, when they received a Grant of USD 1.2 mn from investor M2I2, bringing their total amount raised to USD 6.00 mn.Clean Crop Technologies, Inc. specializes in innovative agricultural solutions that enhance seed treatment and increase crop yields. Their flagship product, DriPRIME™, utilizes proprietary cold plasma technology to eliminate pathogens and enhance seed vigor, ensuring that plants have a strong start in their growth cycle. This patented seed treatment addresses significant challenges in crop production, including post-harvest losses and diseases that affect up to 30% of food before it leaves the farm. Clean Crop serves a diverse customer base, including farmers and agricultural producers, primarily in North America, South America, and select markets in Asia and Africa. By focusing on sustainable practices and improving food supply safety, Clean Crop aims to meet the growing demands of the agricultural sector while also contributing to a more resilient food system.The revenue structure of Clean Crop Technologies is primarily based on direct sales of their DriPRIME™ seed treatment to agricultural producers and distributors. Transactions occur through business-to-business (B2B) relationships, where Clean Crop partners with agricultural firms and retailers. Pricing plans are tailored to the needs of farmers and distributors, facilitating bulk purchases that align with the volume of seed treatment required. The company's revenue derives from the sales of its proprietary technology designed to help farmers achieve higher yields and reduce losses, thereby enhancing profitability. Clean Crop's commitment to providing effective agricultural solutions positions it as a critical player in the market, fostering a sustainable approach to food production.In July 2024, Clean Crop Technologies, Inc. received USD 1.2 mn of grant funding from M2I2 to support their growth initiatives. The funding will be utilized to expand contract manufacturing partnerships in Massachusetts and enhance their team, capacity, and operations at their Holyoke seed tolling facility to meet growing demand. The company plans to introduce new products in the near future and expand into additional markets, focusing on regions in North America, South America, and selectively in Asia and Africa.

## Funding rounds

- Series A, Dec 15, 2021, $6M — Massachusetts Mutual Life Insurance Company, Innova Memphis, Trailhead Capital, ReGen Ventures
- Seed, Jun 8, 2020, $2.8M — Innova Memphis, Factore Ventures, Bread & Butter Ventures, PRIME Impact Fund, The Alchemy Group

## Investors

- Innova Memphis (https://capitalatlas.ai/funds/innova-memphis) — Seed, Series A
- Factore Ventures (https://capitalatlas.ai/funds/factore-ventures) — Seed
- Bread & Butter Ventures (https://capitalatlas.ai/funds/bread-butter-ventures) — Seed
- PRIME Impact Fund (https://capitalatlas.ai/funds/prime-impact-fund) — Seed
- The Alchemy Group (https://capitalatlas.ai/funds/the-alchemy-group) — Seed
- Massachusetts Mutual Life Insurance Company — Series A
- Trailhead Capital (https://capitalatlas.ai/funds/trailhead-capital) — Series A
- ReGen Ventures (https://capitalatlas.ai/funds/regen-ventures) — Series A
