In August 2014 Green & Grow Inc. (GGI) raised $6 million in Series B funding and secured Otter Capital as a significant new investor.
Otter Capital was founded by John Pasquesi to make a variety of private equity investments. Otter has a proven track record developing leading edge agriculture and food production companies. Otter was an early and consistent investor in AgraQuest, a leading biopesticide company. In 2012, Bayer CropScience acquired AgraQuest for $425 million plus earnouts. John Pasquesi previously served as Chairman of the Board of Directors of AgraQuest. More recently, Otter Capital invested alongside Khosla Ventures in a $15 million funding round for BioConsortia, Inc. - an agricultural biotechnology company. Otter Capital’s expertise and investment capital will accelerate commercialization of GGI’s Agriplier® Technology, building on recent compelling field trial results across multiple crop types.
Prior to founding Otter Capital in 2001, John Pasquesi was a Managing Director and member of the Executive Committee of Hellman & Friedman LLC - a private equity investment firm. Prior to joining Hellman & Friedman in 1987, Pasquesi was associated with Golder, Thoma & Cressey - a Chicago-based private equity firm.
For more information on Otter Capital, please visit Otter Capital.