Agri-Neo secures new financing

Photo of author

By Ted Liu

Food safety company Agri-Neo Inc. has raised $2.97 million from a group of private investors from Quebec, Ontario, Manitoba and USA.

Borden Ladner Gervais LLP acts as legal counsel ot Agri-Neo.

Toronto based Agri-Neo is the developer of Neo-Pure Food Safety system. Neo-Pure helps to minimize the risk of pathogens and unwanted microbes in seeds, grains, sprouts and now nuts by providing food safety as nature intended. Derived from plants, it denatures bacterial and fungal cell membranes and DNA to control pathogens and unwanted microbes. The Neo-Pure liquid solution is applied in its dedicated Food Safety System to ensure total coverage of every nut, seed, and grain.

Founded in 2009, Agri-Neo has invested significant resources from private investors and grants in research on food safety science performed by chemists, microbiologists and engineers.

photo credit: Agri-Neo