News Archives

Larry Clarke (P)

May 17, 2019

Larry Clarke, parent, was featured in the 05.17.19 edition of the St. Louis Business Journal, in a story about NanoGuard Technologies: "St. Louis-based agtech startup NanoGuard Technologies, which is developing a new sanitation method for food, has closed an approximately $6 million Series A financing led by local accelerator The Yield Lab. Other investors in the financing round include Fulcrum Global Capital; agriculture company The Andersons Inc.'s venture capital arm Maumee Ventures; and Bunge Ventures, the venture capital arm of White Plains, New York-based agriculture, food and ingredients company Bunge Ltd. Contingent to the financing, Kyle Welborn from Yield Lab, John Peryam from Fulcrum, Scott Wernimont from The Andersons, and Nanda Kumar Puthucode from Bunge Ventures are joining NanoGuard’s board of directors. Founded in 2014, NanoGuard currently has six full-time employees. Its non-thermal high voltage atmospheric cold plasma (HVACP) agtech platform seeks to improve food freshness and safety and also mitigate food waste. CEO Larry Clarke, who previously had worked with Bunge, said, 'This technology will also provide growers, handlers and processors with a safe, effective, cost efficient and environmentally friendly tool to manage and reduce mycotoxins,' which are toxins produced by fungi. 'Such mycotoxin reduction would thereby increase market value, reduce management costs for aflatoxin testing and measurement, all while providing a safer, higher quality product to their customers and consumers,' he said." Read the story here (requires subscription access).