Turkey
Promoseed is an innovative biotechnology startup based in Turkey, founded in 2019. The company is focused on utilizing smart bacteria technology to revolutionize the agricultural sector. Founded by Prof. Dr. Mustafa Çetin and Prof. Dr. Semih Yılmaz of Erciyes University, the company's mission is to discover beneficial microorganisms in Turkish soil that promote plant growth, protect against diseases and pests, and enrich the soil with essential nutrients.
Promoseed aims to reduce the country's dependence on foreign agricultural products by introducing advanced microbial fertilizers, plant growth regulators, and bio-pesticides, thus contributing to the national economy, creating employment opportunities, and generating foreign exchange through exports.
The company's commitment to sustainable farming aligns with its technology, which aims to minimize the environmental impact of inorganic fertilizers, groundwater pollution, atmospheric and soil contamination caused by excessive use of synthetic pesticides, thereby contributing to the preservation of agricultural and natural ecosystems.
Recently, Promoseed secured a significant ₺7.50M equity crowdfunding investment on 14 July 2022. This investment will likely fuel the company's research and development efforts, market penetration, and expansion, positioning it as a key player in the biotechnology and agricultural sectors. With its innovative approach and potential for positive environmental and economic impact, Promoseed is a promising venture in the biotechnology and agricultural landscape.
