Lucent Biosciences

Lucent Biosciences in its $4.2 million investment round


Lucent Biosciences


$4.2 million


Emerging and High Growth Companies

Date Closed

November 2021



Lead Office



On November 23, 2021, it was announced that Lucent Biosciences, a Vancouver-based agtech company, closed its $4.2 million investment round from Emmertech, Amathaon, SVG Ventures, WUTIF Capital, Vantech/e-fund and Vancouver-based angel investors.

Lucent is driven by accelerating the transition of agriculture to sustainability. Lucent has developed a novel patent-pending fertilizer for agriculture that uses cellulose fiber as a delivery agent. The product improves yield and soil health, is carbon neutral, non-polluting, and sustainable. The investment will allow Lucent to accelerate its development of sustainable fertilizers and seed treatments, expand manufacturing and bolster commercialization.

Osler advised Lucent Biosciences with a team consisting of Jacques Du Plessis, Mark Longo (Emerging & High Growth Companies), Ian Morrison, Jun Lee, and Megan Young (Corporate).