Pontifax AgTech Leads $9.5 Million Round in Biostimulant Producer Inocucor Corp.

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Santa Monica’s Pontifax AgTech led the second closing of a $9.5 million Series B round in Denver agricultural technology company Inocucor Corp., the companies announced Jan. 8.

Inocucor Corp. uses its proprietary technology to improve crop production through bacteria.

Pontifax, founded in 2014 by Phil Erlanger and Ben Belldegrun as a growth capital investor in the global food and agriculture sector, closed a $105 million round in October.

Retail, restaurants and hospitality reporter Caroline Anderson can be reached at [email protected]. Follow her on Twitter @caroline_mander.

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