Terramera Closes Financing Led By Seed 2 Growth Ventures

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Two companies uniting in a vision of sustainable agriculture

VANCOUVER, British Columbia–(BUSINESS WIRE)–#bioag–Seed 2 Growth Ventures (S2G), a Chicago-based VC that has quickly become
the leader in sustainable food and agriculture investments, has led an
investment in Vancouver-based Terramera, Inc. Both companies are aligned
in their focus to support sustainable agriculture while increasing farm
yields. Other key investors in the financing include ACA Investments
(affiliate of Sumitomo Corporation), Bold Capital Partners, Renewal
Funds and Maumee Ventures.

“Terramera is very proud to be working with S2G Ventures as our lead
investor in this recent round of financing,” said Terramera CEO, Karn
Manhas. “Terramera develops safer, more effective solutions for public
health, sustainable food production, and bee health, by harnessing the
power of natural plant defenses with innovative green chemistry. This
investment allows us to continue our rapid growth, fund products to get
to market, and support Terramera’s advancement as a sustainable
technology leader.”

By studying plants that have evolved highly-effective defenses against
pests and disease, Terramera has developed proprietary platforms that
stabilize and deliver complex plant biochemicals, such as cold-pressed
neem and other plant-extracts. (Neem is a tropical evergreen tree native
to South Asia. Neem extracts have been used in human health care, hair,
skin and dental care, traditional medicine and environmental uses for
thousands of years.) Terramera’s Inspirium® Technology
increases the efficiency and performance of biological materials,
allowing them to perform more efficiently. The result is products that
work better than today’s synthetic conventional chemicals at protecting
against pests and disease; and in agriculture, products that promote
plant health and increase farm yields.

Terramera’s consumer line, Proof, includes the only EPA-registered
products that are 100% effective against bed bugs and their eggs.
Terramera’s agricultural products, under development, increase
sustainability and profitability of conventional farms, and can help
farmers profitably transition to organic.

“Biopesticides and biofertilizers, which currently represent a small but
growing part of the agriculture inputs market, are the next frontier for
sustainable agriculture. One of the key issues holding back quicker
adoption has been performance. Terramera has developed a technology that
solves that, allowing current biologics to perform more effectively,”
said Sanjeev Krishnan, Managing Director, S2G Ventures. “Terramera is
uniquely positioned to lead the market with technology and products that
are natural, highly-effective and most importantly, more economically
beneficial to farmers. S2G Ventures is excited to partner with Terramera
and help them scale. It’s a natural fit.”

About Terramera

Terramera (www.terramera.com)
is an Ag-Bio CleanTech leader developing high-performance plant-based
solutions as alternatives to conventional chemical pesticides and
fertilizers. Terramera creates healthy, safe environments free of toxic
chemicals, and makes sustainable and organic farming cheaper, more
productive and abundant.

PROOF, Terramera’s revolutionary consumer bed bug solution, is the
only EPA-registered product 100% effective against dust mites, bed bugs
and their eggs. PROOF Spray is available at The Home Depot and select
Walmart stores across America. Learn more about Terramera and our
products:

www.bugproof.com
| www.terramera.com
| www.neem.com
| www.cirkil.com

About Seed To Growth Ventures

S2G (www.s2gventures.com)
looks for companies that can take leadership positions in emerging and
fast growing sectors in food and agriculture. Our investments span
companies delivering solutions across the system, from production to
access to demand. S2G makes investments uniquely from “soil to shelf”
finding the inflection points where innovation and capital can better
align the food system to meet consumer demands.

Contacts

Terramera Contact
Robyn Ellingson
robyn@terramera.com
604-343-3027
or
S2G
Media Contact

Morgan Oliveira, Grounded PR
415-515-8078
morgan@groundedpr.com