Dear Investors, Stakeholders and Coworkers,
Looking back, 2021 was another exciting year as we expanded our support of global seed production with our on-demand pollination technology and took steps to deliver on our promise to bring our technology to farmers. Recently, we successfully closed our $7 million Series B round, which exceeds our original goal and is in addition to the $13 million announced in 2020. This funding enables PowerPollen to continue to scale our technology and enter new markets in the next few growing seasons. Thank you to our partners, employees and returning investors for your ongoing support of our proprietary technology. We look forward to continuing to grow with you in the years ahead.
– Todd Krone, Co-Founder and Chief Executive Officer
– Jason Cope, Co-Founder and Chief Intellectual Property Officer