On November 23, 2021, it was announced that Lucent Biosciences, a Vancouver-based agtech company, closed its $4.2 million investment round from Emmertech, Amathaon, SVG Ventures, WUTIF Capital, Vantech/e-fund and Vancouver-based angel investors.
Lucent is driven by accelerating the transition of agriculture to sustainability. Lucent has developed a novel patent-pending fertilizer for agriculture that uses cellulose fiber as a delivery agent. The product improves yield and soil health, is carbon neutral, non-polluting, and sustainable. The investment will allow Lucent to accelerate its development of sustainable fertilizers and seed treatments, expand manufacturing and bolster commercialization.
Osler advised Lucent Biosciences with a team consisting of Jacques Du Plessis, Mark Longo (Emerging & High Growth Companies), Ian Morrison, Jun Lee, and Megan Young (Corporate).
Key Contact
Partner, Emerging and High Growth Companies, Vancouver
Team
Vancouver Managing Partner, Vancouver
Associate, Emerging and High Growth Companies, Vancouver
