QUINVITA announces successful closure of EUR1.5 million capital round

Posted by on Apr 23, 2012 in News from Members

On April 23, QUINVITA announced the closure of its capital round, raising EUR1.5 million from a group of investors including Think2Act Arkiv, Group Vanden Avenne Izegem and a number of private investors.

Henk Joos, CEO of QUINVITA explained that the “financial support of the investors will allow QUINVITA to further develop its proprietary game changing F1 hybrids” and that the “proceeds and industrial knowledge of Group Vanden Avenne Izegem will also allow an aggressive business development of commercial F1 hybrids and the proprietary animal feed technology QUINVITA acquired. The injection of these proprietary QUINVITA technology elements into Jatropha Curcas emerging markets will bring professional jatropha projects faster to a very significant profitability”.

To read the full press release, please click here.

For further information on QUINVITA, see www.quinvita.com or contact:

Henk Joos           + 32 9 395 91 11

Email                     info@quinvita.com