Astanor leads series-A round for Hyris

The funding round is said to have raised €2.5m for the company. The round was oversubscribed, according to a statement.

Astanor is an impact investor in the agriculture technology sector. Italian investors, including Neos Medica, IDB Holding – the holding company controlling Indena – and Pi Campus also participated.

The capital will go towards sales and marketing of the product.

Company
Based in London and founded in 2014, Hyris offers DNA testing for food quality assurance.

People
Astantor Ventures – George Coelho (co-founder, partner).
Hyris – Stefano Lo Priore (founder, CEO).

Advisers
Equity – Withers Worldwide (legal).
Company – Cross Border Growth Capital, Fabio Mondini de Focatiis (corporate finance); TLT (legal); Legance (legal).

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