- Botanical Solution Inc., a Davis, Calif.-based Advanced Botanical Materials company, secured $3.3m in a seed round of funding
- Led by CEO Gastón Salinas, BSI leverages a proprietary biotechnology platform that eliminates barriers
- Its first commercially successful product is the biofungicide BotriStop®, which is based on a tree native to Chile, the Quillaja Saponaria
- The company, which planning another round of funding for Spring 2021, intends to use the funds for product production and sales growth of BotriStop bio fungicide initially
- BotriStop will soon registered in a number of key Latin American countries and regulatory progress expected in the U.S. and E.U. during 2021
- The company plans to become a major supplier of pharmaceutical-grade QS-21 to address the serious challenges presented by the imminent shortage
