# Terramera

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/terramera

- Industry: Agribusiness
- Headquarters: Vancouver, Canada
- Website: www.terramera.com
- Total disclosed funding: $65M
- Latest round: Seed (Jan 12, 2023)
- Investors on record: 9

## About

Terramera, Inc., based in Vancouver, Canada, develops innovative agricultural solutions that focus on sustainable practices, targeting cleaner food production through advanced technology and biological pesticides.Founded in 2010 in Vancouver, Canada, Terramera, Inc. specializes in sustainable agricultural technologies, aiming to transform food production. The company has raised USD 6.00 mn in Seed funding led by At One Ventures as of January 12, 2023, and has completed 9 deals in total. Karn Manhas founded the company, which operates independently and has not undergone any significant structural changes since its inception.Terramera specializes in the development of innovative agricultural solutions aimed at transforming food production through sustainable practices. Their core product offerings include the Actigate™ Targeted Performance technology and biological pesticides such as TRIFECTO® and Socoro. Actigate™ enhances the effectiveness of organic alternatives while significantly reducing the reliance on synthetic chemicals, thereby addressing critical issues in pest and disease management for farmers. The company's products are designed for a diverse clientele, including agricultural producers and consumers who prioritize clean food and sustainable farming methods. Geographically, Terramera’s solutions are targeted at markets in North America, particularly in Canada and the United States, as well as international markets where agricultural sustainability is a growing concern.Revenue generation for Terramera is structured around B2B transactions, primarily involving partnerships with agricultural producers and retailers. The firm sells its flagship products, including its biological pesticides, directly to farmers and through distribution channels, facilitating access to their advanced agricultural technologies. The transaction structure typically involves direct sales agreements where clients purchase products at set pricing tiers based on volume or subscription models for ongoing supply needs. This approach allows clients to integrate Terramera's products into their agricultural practices efficiently, supporting their goals for improved crop yields and reduced environmental impact. The company's focus on precision agriculture and soil analysis further enhances its revenue potential by appealing to a market that is increasingly adopting data-driven farming practices.In January 2023, At One Ventures led USD 6.00 mn in Seed funding for Terramera, Inc. The company plans to utilize this funding to support the launch of its new product, enrichSoil. Additionally, Terramera is looking to expand its market presence, particularly targeting regions in North America and internationally where sustainable agriculture is a growing priority.

## Funding rounds

- Seed, Jan 12, 2023, $6M — At One Ventures
- Series B, Jan 28, 2020, $3.9M — ArcTern Ventures
- Series B, Sep 5, 2019, $45M — Ospraie Management, S2G Ventures
- Series A, May 20, 2016, $10M — Sumitomo Corporation, Renewal Funds, S2G Ventures, Maumee Ventures, BOLD Capital Partners, Felicity Global Capital

## Investors

- Sumitomo Corporation — Series A
- Renewal Funds (https://capitalatlas.ai/funds/renewal-funds) — Series A
- S2G Ventures (https://capitalatlas.ai/funds/s2g-ventures) — Series A, Series B
- Maumee Ventures (https://capitalatlas.ai/funds/maumee-ventures) — Series A
- BOLD Capital Partners (https://capitalatlas.ai/funds/bold-capital-partners) — Series A
- Felicity Global Capital (https://capitalatlas.ai/funds/felicity-global-capital) — Series A
- Ospraie Management (https://capitalatlas.ai/funds/ospraie-management) — Series B
- ArcTern Ventures (https://capitalatlas.ai/funds/arctern-ventures) — Series B
- At One Ventures (https://capitalatlas.ai/funds/at-one-ventures) — Seed