Editor’s Note: Spencer Maughan is a partner and Kieran Furlong is the entrepreneur in residence at agtech venture capital firm Finistere Ventures. Here they write about the growth of biological alternatives to synthetic, chemical crop protection products such as pesticides, and the potential for this segment to grow further.
Biological Crop Protection Attracting Interest
There has been a flurry of excitement surrounding biological crop protection over the last few years. Chemical pesticides are under increasing scrutiny from consumers and regulators, concerned about stress upon the environment and residuals in the food chain. Biopesticides can provide an alternative or supplement to these traditional chemical pesticides, as well as new modes of action to tackle increasingly resistant pests