# Solasta Bio

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/solasta-bio

- Industry: Biotechnology
- Headquarters: Glasgow, UK
- Website: www.solastabio.com
- Total disclosed funding: $16M
- Latest round: Series A (Aug 22, 2024)
- Investors on record: 10

## About

Based in Glasgow, UK, and founded in 2020, Solasta Bio Ltd. provides environmentally friendly products for crop protection. In April 2023, In September 2024, Solasta Bio raised USD 14 million of series A funding co-led by new investors Forbion, FMC Corporation and Corteva Agriscience, with participation from returning investors Cavallo Ventures, Rubio Impact Ventures, Scottish Enterprise, UK Innovation & Science Seed Fund, SIS Ventures. New investor University of Glasgow also participated in the round. The company offers modern pest management approaches which include the development of short peptides that disrupt the function of pest species and at the same time it does not affect beneficial insects and vertebrates.

The company plans to use the September 2024 funding to accelerate the development of its unique peptide-based, nature-inspired bioinsecticides.

## Funding rounds

- Series A, Aug 22, 2024, $14M — Forbion, University of Glasgow, Rubio Impact Ventures, Cavallo Ventures, SIS Ventures, Scottish Enterprise, UK Innovation & Science Seed Fund, FMC, Corteva Agriscience
- Seed, Aug 6, 2021, $1.4M — The Yield Lab, SIS Ventures, UK Innovation & Science Seed Fund

## Investors

- The Yield Lab (https://capitalatlas.ai/funds/the-yield-lab) — Seed
- SIS Ventures (https://capitalatlas.ai/funds/sis-ventures) — Seed, Series A
- UK Innovation & Science Seed Fund (https://capitalatlas.ai/funds/uk-innovation-science-seed-fund) — Seed, Series A
- Forbion (https://capitalatlas.ai/funds/forbion) — Series A
- University of Glasgow — Series A
- Rubio Impact Ventures (https://capitalatlas.ai/funds/rubio-impact-ventures) — Series A
- Cavallo Ventures (https://capitalatlas.ai/funds/cavallo-ventures) — Series A
- Scottish Enterprise (https://capitalatlas.ai/funds/scottish-enterprise) — Series A
- FMC (https://capitalatlas.ai/funds/fmc) — Series A
- Corteva Agriscience — Series A