Arcadia Biosciences Harvests $33M

Davis-based Arcadio Biosciences, a developer of agricultural biotechnology aimed at improving the productivity of soybean and other crops, has raised $33M in a Series D funding, the company said Thursday. The funding was led by Mandala Capital Limited, which contributed $30M of the round. Other investors included CMEA Capital, BASF Venture Capital, and Saints Capital. The company says it is now raised a total of $101M for its seed technology development. ARcadia is developing stress tolerant soybeans and other crops. More information »