Palmerston North startup BioLumic attracts significant overseas fundingSUPPLIED BioLumic chief executive Warren Bebb and founder Jason Wargent have received some significant financial backing. Palmerston North's BioLumic has been backed by $6.5 million worth of investments from around the world. "BioLumic is the only company using light as an ag treatment at the beginning of a plant's life. "BioLumic has the potential to significantly enhance the value of produce for growers by enabling higher yield and greater crop uniformity." Finistere Ventures' Arama Kukutai and Radicle Growth's Kirk Hanley will join the company's board as part of the investment.

Source: Stuff March 14, 2018 10:52 UTC