SOLASTA Bio secures £1.3m funding to develop eco-friendly insecticides

08.10.2021

A Glasgow University spinout specializing in the next generation of green insecticides has secured seed investment of £1.3 million to support ongoing development of its nature-inspired pesticides, the first of their kind to be developed worldwide.

Established in May 2020 – after four years of research funded by UKRI BBSRC and the EC, along with commercialization support from Scottish Enterprise’s High Growth Spinout Programme – SOLASTA Bio develops environmentally-friendly products to meet the global need for new and effective crop protection tools.

The company has developed the world’s first technology platform for creating neuropeptide-based insect control products that are nature-inspired. The products target insect pests while preserving beneficial pollinators in an environmentally friendly and sustainable manner. Disturbance of target physiological processes by neuropeptide-based bioinsecticides leads to death in pest species, and the company indicates SOLASTA Bio’s platform can be mobilized for any pest of interest.
 
Investors in this seed funding round include The Yield Lab Europe, SIS Ventures, members of Cambridge Agritech and UKI2S, which also provided access to the UKI2S managed Innovate UK Sub Fund grant. Founding investors UKI2S and Scottish Enterprise provided pre-seed funding.
 
With this latest funding secured, SOLASTA Bio is aiming to take the trials of its biopesticides out of the laboratory and into real-world settings. The company aims to bring its first biopesticides to market in 2027. 
 
 
 
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