Utah, U.S.-based Aqua-Yield, a nanoliquid company for agricultural production, closed its Series A investment round of $23 million.
The round was led by the Larry H. Miller Company with participation from Penny Newman Grain Company and San Leonardo. The company will leverage the funding to accelerate the global adoption of its nanoliquid solutions.
Aqua-Yield’s nanoliquid solutions leverage nanoparticles to make liquid agricultural products more effective at plant absorption, and increase crop yield and profits for farmers while enhancing the sustainability of the soil.
According to Clark T. Bell, Aqua-Yield CEO and co-founder, since 2014, the Aqua-Yield team sustainably grow profits by solving plant absorption problems and have helped thousands of growers reduce their synthetic fertilizer and crop protection inputs by 25-50 percent.
“The patented nano-based technology acts as a catalyst to traditional liquid agricultural fertilizers and crop protection products,” said Bell. “This tech works with all traditional ag inputs by enhancing plant absorption of nutrients and efficacy of crop protectants. With our suite of 16 commercially available products we have an answer for nearly every crop.”
Clark added that its nanoliquid technology enables growers to stretch their ag inputs. “This has been key to growth as the agribusiness industry faces supply chain struggles, product availability, and the current environmental strains that will continue to play a key role in the future.”
The company’s solutions work for farms of all sizes and in all regions of the United States, and is currently used on four million acres of farms, and in more than nine countries. Between 2014 and 2021, the company stated it conducted more than 750 field trials that resulted in an average 3:1 return on investment for growers. “Since 2014, Aqua-Yield’s solution has reduced farmers’ use of micronutrients by up to 80 percent and use of macronutrients by up to 50 percent by minimizing fertilizer and chemical applications and increasing nutrient uptake, germination rates, crop yields and growth cycles.”
Find out more about CRFs in New AG International’s latest e-book on Slow- Controlled-Release and Stabilized Fertilizers, here.