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BioTepp natural biopesticide receives funding
Lévis, Qué.— Filaction, a Quebec development fund, and Natural Products Canada (NPC), the national not-for-profit that provides insights, introductions and investment to natural products companies, announced an investment in BioTEPP Inc, a Canadian biotechnology company with an innovative solution to pest management. Details of the deal were not disclosed. The deal reflects the growing global demand for innovation and natural approaches to agri-tech and other sectors. BioTEPP’s VirosoftTM CP4 biopesticide leverages a naturally occurring microorganism for the reduction of codling moth damage on apple, pear, plum, prune, and walnut trees.
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