(St. Louis Business Journal) Fire Awards 2023: New funding allows Pluton Biosciences to expand team, advance product development
Fire Awards: Winner - Agtech/Food tech
Agriculture technology startup Pluton Biosciences announced in May it raised a $16.5 million funding round it says will help expand its team and advance its initial products toward commercialization. Pluton, which is developing carbon sequestration and pest control products, currently has about 20 employees and expects that to grow to about 35 in the next 18 months.
Founded in 2017, Pluton has developed a process, called micromining, that it says allows for examining microorganisms in soil samples that can be used to develop natural products designed to mitigate climate change and reduce the use of synthetic chemicals in agriculture. Pluton is led by CEO Elizabeth Gallegos, who answered questions about the company’s recent milestones.
Read more in this St. Louis Business Journal article!