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Venture Capital - Monday, July 24, 2006

Vancouver's CellFor Raises Cnd$38M For Bionic Tree Seedling Biz

cellfor logo.gif CellFor has raised Cnd$6.3M in new VC funding. This brings its overall venture capitalization to more than Cnd$38M. Investors include ATP Capital, CSFB Private Equity, GrowthWorks Capital and BDC Venture Capital.

CellFor calls itself the world's leading independent supplier of high technology seeds to the global forest industry. Through bio-tech techniques, it produces large quantities of seeds and seedlings that deliver tree growth that far exceeding tree orchards.

seedilings.jpg
Nice Seedlings

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