What does EF Polymer do?
EF Polymer develops 100% organic super absorbent polymers derived from orange peels, offering farmers a sustainable solution to reduce water and fertilizer usage while enhancing crop yields.
How much did they raise?
The company closed the first tranche of its Series B round, raising USD 6.6M with undisclosed lead and participant investors.
What are their plans for the money?
With the new funds, EF Polymer aims to accelerate its research and development, expand business development activities, and establish an overseas manufacturing facility, which could significantly scale production and support sustainable agriculture on a global scale.
What have they achieved so far?
Since launching sales in India in 2020, EF Polymer has delivered products to farmers in Japan, the U.S., and France, achieving over 400 tons in cumulative sales by 2025.