GreenLight Biosciences Inc. a Boston-based agtech company, announced the successful close of its Series C funding round at the end of March. This included a $25 million investment from new investor, Just Climate, a mission-driven investor in high impact climate solutions. The investment validates GreenLight Bio’s efforts to develop sustainable solutions that enhance agricultural productivity while preserving biodiversity, according to the company.
“This strategic investment from Just Climate and others represents a powerful endorsement of our RNA platform’s potential to revolutionize agriculture while addressing environmental challenges including pollinator health,” Andrey Zarur, CEO of GreenLight Bio, said in a news release. “With this funding, we are well-positioned to scale our commercial operations, advance our product pipeline, expand our international footprint and further our mission of building a safer, more equitable food system using nature.”
The new capital supports GreenLight Bio’s commercial momentum following the launch of Calantha, which is registered in the U.S. and Ukraine. It is the first-ever-registered RNA-based crop protection spray. Calantha offers potato growers an alternative to conventional chemical pesticides.
The funding will also help drive several other strategic developments, according to the company.
Once registered in the U.S., GreenLight Bio will quickly move to commercialize Norroa, a new tool for beekeepers to protect their colonies from varroa mites. Beekeepers reported catastrophic honeybee colony losses averaging 62% between June 2024 and February 2025, according to recent Honey Bee Health Coalition data.
GreenLight Bio says it will also further internationalize Fortivance, an adjuvant that enhances the efficiency of existing agricultural treatments and can reduce their environmental impact.
According to the company, the investment from Just Climate enables GreenLight Bio to continue its expansion across key international markets, including Brazil and other Latin American countries. Recent expansion efforts include the establishment of a state-of-the-art agricultural research station in Seville, Spain, which now serves as the company’s European hub for innovation and collaborative research in sustainable agriculture practices.
“GreenLight Biosciences exemplifies the type of innovative enterprise that can deliver transformative environmental impact while building sustainable commercial success,” said Eduardo Mufarej, head of the natural climate solutions strategy and co-chief investment officer at Just Climate. “Their platform addresses some of the most pressing challenges facing global agriculture and biodiversity conservation. We are pleased to support GreenLight Bio’s mission and solutions that help protect crops, pollinators and our planet’s ecosystems.”
