BioConsortia Raises $12 million to Accelerate Development of Multi-Microbe Products for Agriculture

PRESS RELEASE: DAVIS, Calif.–(BUSINESS WIRE)–November 7, 2016– BioConsortia, Inc., innovator of microbial solutions for natural plant trait enhancement and crop yield improvement, announced that it has raised this year a total of $12 million for future growth. Last week, BioConsortia closed an $8 million equity round of investment financed by existing investors, Khosla Ventures and Otter Capital, and earlier in the year raised $4 million of venture debt from Square 1 Bank, a di