Nostoc Biotech develops and commercializes chemical-free fertilization and protection solutions built around worm humus (vermicompost) and microbiological products. Founded in 2014, the company has expanded its product range and market since a 2015 €250k financing. In 2019 Nostoc reports avoiding the application of 38,000 liters of agricultural chemicals and preventing the emission of 265 kg of nitrous oxide through its products. The new capital will be used to increase production capacity and accelerate national expansion. The company aims to build what it calls the largest worm‑farming plant in Europe and to make its humus manufacturing processes more scalable and reliable. Nostoc Biotech is a bioagriculture company that manufactures and distributes ecological biofertilizers and bioprotectors to promote healthier, more environmentally friendly crops. It was founded in 2014 by Guillermo Herrero and Enrique Cat and is based in Madrid. The company completed an initial crowdfunding round in January 2016 via La Bolsa Social, in which 81 investors contributed €250,000. In the round announced in February 2018, a group of business angels including René de Jong participated and 38 of the original 2016 investors subscribed again and contributed new capital. As part of the operation, a group of La Bolsa Social investors sold their participations to the new investors, representing a successful equity-crowdfunding divestment. No revenue or other operating metrics were disclosed in the article.

Total raised

$2M

Funding rounds

2

Latest round

Equity

Latest activity

Jul 2020