Displaying items tagged: Vestaron Corp

Here is the MiBiz Growth report for June 6, 2022:

Local investors joined an $82 million capital round for a company that began in Kalamazoo and developed an ecologically friendly pesticide.

Since securing a $40 million capital investment last spring, Vestaron Corp. has been assembling commercial and operating teams as it prepares for the broad launch of a brand of eco-friendly pesticides in 2020.

KALAMAZOO — When Anna Rath signed on as CEO of Vestaron Corp. 15 months ago, the company was preparing to transition from a focus on R&D to commercializing a line of new environmentally friendly insecticides. 

Kalamazoo-based Vestaron Corp. plans to use $40 million in new capital to expand commercialization and accelerate the development of an additional line of environmentally friendly pesticides. 

GRAND RAPIDS — Investment firm Grand Angels plans to launch its third venture capital fund, MiBiz has learned.

KALAMAZOO — The $12 million in new capital Vestaron Corp. seeks to raise would enable the company to complete a journey to bring to market a new environmentally friendly pesticide. 

Four of the top five investments by venture capital firms in the state went to West Michigan companies in the third quarter.

GRAND RAPIDS — The managers of Michigan Accelerator Fund I are seeking to raise up to $5 million from investors to provide further financial backing to portfolio companies.