# Redag Crop Protection

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/redag-crop-protection

- Industry: Chemicals
- Headquarters: Manchester, UK
- Website: www.redagcrop.com
- Total disclosed funding: $2.8M
- Latest round: Seed (Oct 9, 2014)
- Investors on record: 3

## About

Redag Crop Protection Limited develops innovative agrochemical solutions that enhance crop protection by improving existing formulations, addressing agricultural challenges, and promoting sustainability in farming practices.Founded in 2012, Redag Crop Protection Limited is based in Manchester, UK, focusing on agrochemical solutions. The company has successfully completed 5 deals, with its latest funding round conducted on February 15, 2023, raising GBP 1.64 million from Acceleris and other investors. Redag operates independently, without any known parent or subsidiary companies.Redag Crop Protection specializes in innovative agrochemical solutions that enhance the sustainability of crop protection products. The company focuses on improving existing active ingredients in herbicides, insecticides, and fungicides by making minor molecular alterations that result in improved efficacy while maintaining the original structural integrity. These innovations aim to address pressing agricultural challenges, including the need for reduced dose rates and minimized environmental impact, ultimately extending the life cycles of these products. Redag's clientele comprises agricultural companies and manufacturers seeking to enhance their product offerings within global markets, particularly in North America and Europe, where there is a high demand for environmentally friendly agricultural solutions.Redag Crop Protection operates on a B2B model, engaging in direct partnerships with agricultural enterprises and product manufacturers. Revenue is generated through the licensing of its patented formulations and technologies, which are integrated into clients' product lines. This transactional structure allows clients to enhance their existing offerings while benefiting from the extended intellectual property protection provided by Redag's innovations. The company may also explore collaborative partnerships for research and development initiatives, enabling shared investment in new agrochemical products. Through these mechanisms, Redag positions itself as a vital partner in the agrochemical sector, focused on delivering sustainable and effective crop protection solutions.In February 2023, Redag Crop Protection Limited raised GBP 1.64 million to support the development of new crop protection products and its agrochemical discovery programme named Project Evolve. The company aims to enhance its product offerings and plans to explore expansion into North America and Europe by 2024. The recent funding will be instrumental in driving these initiatives forward.

## Funding rounds

- Seed, Oct 9, 2014, $2.8M — Mercia Asset Management, North West Business Finance, Acceleris

## Investors

- Mercia Asset Management (https://capitalatlas.ai/funds/mercia-asset-management) — Seed
- North West Business Finance (https://capitalatlas.ai/funds/north-west-business-finance) — Seed
- Acceleris (https://capitalatlas.ai/funds/acceleris) — Seed