What is Source?
Source.ag is at the forefront of agricultural innovation, developing a foliar spray designed to significantly enhance nutrient efficiency for crops. Its proprietary technology works by fixing atmospheric nitrogen and unlocking soil-bound phosphate throughout the growing season. This dual action not only boosts plant health and yield but also contributes to more sustainable farming practices by optimizing the use of essential nutrients. The company's focus on improving nutrient uptake positions it as a key player in addressing global food security and agricultural sustainability challenges.
How much funding has Source raised?
Source has raised a total of $54.5M across 4 funding rounds:
Unspecified
$10M
Series A
$23M
Other Financing Round
$4M
Series B
$17.5M
Unspecified (2022): $10M with participation from E14 Fund, Rainbow Growers, Astanor Ventures, Harvest House, Agro Care, and Acre Venture Partners
Series A (2023): $23M led by Astanor Ventures and Acre Venture Partners
Other Financing Round (2023): $4M supported by E14 Fund and SK Networks
Series B (2025): $17.5M featuring Astanor Ventures, Enza Zaden, and Harvest House
Key Investors in Source
Astanor Ventures
Astanor Ventures is a prominent investment firm dedicated to transforming the agrifood system through innovation and impact. They back visionary founders and invest in solutions that promote sustainability, health, and equity across the entire food value chain.
Acre Venture Partners
Acre Venture Partners focuses on companies driving fundamental change in food and agriculture, investing in innovative technologies and infrastructure that promote a sustainable food system and address human and environmental health challenges.
E14 Fund
E14 Fund, affiliated with MIT, invests in early-stage companies founded by MIT alumni, faculty, and students, providing capital and resources to help entrepreneurs build innovative solutions.
What's next for Source?
With the infusion of $17.5M in a major strategic investment, Source is poised for accelerated growth and market expansion. This significant capital injection is expected to fuel further research and development, scale production capabilities, and broaden the company's market reach. The company's trajectory, marked by consistent funding rounds including a recent Series B, indicates a strong market validation and a clear path toward commercialization and widespread adoption of its nutrient-efficiency technology. Source's strategic focus on sustainable agriculture aligns with increasing global demand for eco-friendly farming solutions, positioning it for continued success.
See full Source company page
