AgraQuest Inc.

AgraQuest Inc. has completed a $14.35 million private round of financing. The deal was co-led by Otter Capital LLC and new investors Texas Pacific Group (TPG) and Halcyon Capital. The new funds will enable AgraQuest to expand its current products into additional crops and countries, commercialize new products in its pipeline, and expand its manufacturing plant. The company will also use funds for continued development and launch of a biofumigant product as an alternative to methyl bromide. "AgraQuest has many exciting opportunities to continue our global sales expansion and to launch new products in our pipeline," says Dr. Mike Miille, AgraQuest's CEO. "The sizeable resources and experience of TPG will help create significant value for our customers and investors."