Polsinelli Represents NewLeaf Symbiotics, Inc. in $45 Million Series D Financing
Polsinelli congratulates its client NewLeaf Symbiotics, Inc., on its $45 million Series D financing. NewLeaf is a pioneer and global leader of pink-pigmented facultative methylotrophs (PPFMs), which are naturally occurring microbes that help plants reach their full genetic potential.
The financing was led by Gullspång Re:food and followed by Otter Capital Partners LP, S2G Ventures, and Leaps by Bayer, among others. The financing will help accelerate NewLeaf’s efforts with PPFM technology and adjacent technologies in the areas of biostimulants/microbial inoculants, biocontrol, nitrogen use efficiency and methane mitigation.
The Polsinelli Venture Capital and Emerging Growth Companies team involved in the transaction included Brendan Johnson, Laura Venn, Garrett McDowell and Sugeiry Betances.
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