Good Vives Only

Aug 26, 2022

Oh, Vive, eh? They’re oot and aboot.

Excuse our Canadian stereotyping. We’re just excited for Vive Crop Protection, a Canadian company that just closed on $26M in a Series C investment round.

ReVIVEing crop protection: Not to brag, but Vive has developed crop protection products that are more targeted than typical delivery mechanisms. That’s because they use nanoscale, polymer-based technology to increase crop yields and reduce environmental impact.

Since 2018, they’ve saved farmers:

  • 34M gallons of water
  • 189,000 gallons of fuel
  • 15,000 hours of farm labor (labour for our Canadian friends)

Actually, Shania, this does impress me much…

Vive has a lot to be proud of, like:

  • Their seven crop protection products have been used on more than 2M acres.
  • In 2021, they released AZterknot – a fungicide in the U.S. – and it’s been used on 500,000 acres already this year.
  • In the last 18 months, they’ve had new product registrations, increases in customer base and revenue (like, doubling its sales of the seven products they have).

Where’s the money headed: Vive will leverage the dollars to accelerate commercial deployment into North American markets while advancing its research and development pipeline.