Wide Open Agriculture Secures $7.1M in Funding

Wide Open Agriculture Ltd. (AU:WOA) has released an update.

Wide Open Agriculture Ltd has successfully raised $7.1 million through a Placement and Priority Offer, issuing over 310 million shares and 177 million options to participants. The funds will support the expansion of their plant-based protein ingredient, Buntine Protein®, while adhering to a ‘4 Returns’ framework aimed at generating financial, natural, social, and inspirational returns. The company, which is focused on sustainable ag-tech solutions, has received strong shareholder support and is set for the quotation of the new options.

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