Brightlands Venture Partners backs Dutch agtech firm S+dB in €1.5M round: Know more

Picture credit: Harmen Smid

Nederweert, Limburg-based S+dB, an agtech firm that goals to disrupt agricultural practices, introduced on Wednesday, September 7, that it has raised €1.5M funding from Brightlands Enterprise Companions and its new CEO. 

The corporate says the funding will assist it to scale and speed up the validation of its seed-enhancement platform expertise and additional growth. 

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The Dutch firm appointed seasoned entrepreneur Harmen Smid as its CEO. Along with founder Gerard Otten, Harmen will lead the corporate into the following stage, the corporate mentions in a press launch.

Confronted with the worldwide problems with fast inhabitants progress, continued malnutrition, local weather volatility, and dwindling exploitable sources, the Dutch firm is dedicated to creating options by means of enhanced crop productiveness. 

S+dB: What it is advisable know

Based mostly out of Limburg, Netherlands, S+dB has developed a proprietary plant seed-embedding expertise (SET) to make sure an optimum germination surroundings (for any plant seed) in open area cultivation and indoor farms. 

The SET platform blends seeds with bio-based and biodegradable uncooked supplies to help and defend early plant progress. It additionally reduces the impact of nature’s bio-stresses, boosts seed vigour, and ensures uniform crop progress with a robust root basis.

Presently, the corporate has two product strains — grass seed rolls (gSET) and vegetable seed tapes. The 2 key goal markets for vegetable seed tapes are hydroponics (hSET) and open area (vSET). 

S+dB says it is going to roll out grass seed rolls (gSET) to the retail channel. 

S+dB has operating partnerships and programmes with varied world seed homes and at area services of Wageningen College & Analysis (programme ‘Boerderij van de Toekomst”) to speed up the validation of the vSET idea. 

Additional, the corporate is within the closing stage of signing a partnership with a retail occasion for a large-scale rollout in Europe. 

The corporate has a pilot manufacturing line that shall be used to arrange prototypes and small orders.

Harmen Smid says, “After a difficult early-stage expertise, S+dB is prepared for the following section. We’re proud to have BVP on board as a brand new investor. Along with the prevailing shareholders and the prolonged organisation, we’re able to seize our expertise’s alternatives within the world AgTech and seed business.”

Investor

Brightlands Enterprise Companions (BVP) is the fund supervisor of Brightlands Agrifood Fund. The VC invests in corporations benefiting from and contributing to the Brightlands campuses within the south of The Netherlands. 

Different funds below administration are BVP Fund IV, Chemelot Ventures, and Limburg Ventures.

Kim de Boer of Brightlands Enterprise Companions, says, “We see an revolutionary seed-embedding scalable manufacturing platform and a probably impactful expertise, particularly for the vegetable seeds markets. Market traction is gaining momentum, with a number of respected and related events eager to companion. As well as, strengthening the administration workforce units a stable basis for the following step.”