Argentina-based agricultural technology company specializing in biological solutions for regenerative agriculture to expand into new markets, fueled by new capital infusion
BUENOS AIRES, Argentina, April 22, 2025 /PRNewswire/ -- Today Puna Bio announced that it had closed a new round of founding led by Corteva, Inc., through its Corteva Catalyst platform.
The investment from one of the world´s leading agricultural technology companies, and other investors, will support the further development of Puna Bio's product portfolio based on extremophile organisms.
Unlike traditional pesticides and fertilizers, Puna Bio's innovative products are based on natural solutions that enhance nutrient uptake, tolerance to stress and crop quality. Their biological (non-GMO) seed treatments are based on the unique capabilities of extremophiles isolated from the highest and driest desert on Earth, La Puna of Argentina.
"Our solution, based on ancient bacteria dating back 3.5 billion years, maximizes productivity by 10 to 15 percent in fertile soils and revitalizes degraded soils that would normally be too acidic or salinized to be productive," explains Franco Martínez Levis, Puna Bio's CEO and co-founder. "With so much of the world's agricultural land on the path to degradation and weather patterns becoming more extreme worldwide, our discovery platform ensures that we can continue feeding the global population in a sustainable way"