Inocucor Makes ‘First of Many’ Acquisitions, Closes Series B on $55.9m

Biologicals startup Inocucor has acquired ATP Nutrition in the opening salvo of a plan to become a “selective consolidator” in the premium crop inputs space. The company acquired ATP, a Manitoba-based chemical crop nutrition company for an undisclosed sum. ATP focuses on filling deficits in soil health for row-crop farms. Inocucor manufactures biological stimulants for agriculture using a patented fermentation process that combines multi-strains of bacteria and yeasts into soil and plant optimizers. It has two products on the market that aim to enhance the growth of crops: Synergro, a live-cell formulation for high-value produce, such as strawberries, tomatoes, lettuce and broccoli, and Syne

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