VC firm Sofinnova Partners has invested in the biopesticide developer, boosting a Globachem-backed round to $11.7m.

Belgium-based biopesticide developer AgroSavfe has increased the size of a series B round featuring agrochemical producer Globachem to €11m ($11.7m) after securing funding from venture capital firm Sofinnova Partners. The round’s €7.8m first tranche closed in October 2016, with the funding provided by Globachem, VIB, Gimv, PMV, Agri Investment Fund, Madeli Participaties, Qbic Fund and…

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