Asilomar Bio is an agricultural technology company focused on creating a new class of crop-protection products that mitigate environmental stresses rather than pests, weeds, or fungi. Its flagship product, now in its third season of field trials across the U.S. corn belt and several other states, is designed to improve drought tolerance and significantly boost yields; it can be applied either as a seed treatment or a foliar spray. Field data show reduced drought-stress symptoms and strong farmer interest, with the company offering on-farm test plots to build trust. Asilomar is engaging the U.S. Environmental Protection Agency for classification of the product as a natural, bio-based solution, which would ease its regulatory path. Additional formulations targeting cold, wet soils and soil mineral stresses are approximately a year behind the lead product. The firm plans to distribute through traditional agrochemical channels while also exploring niche routes for high-demand markets like drought-stricken California. Proceeds from its recent financing will fund manufacturing scale-up and the deployment of agronomists to drive sales enablement in the field.

Total raised

$157M

Funding rounds

5

Latest round

Series D

Latest activity

Dec 2022