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Press Release
January 24, 2012

Terramera Completes $1.8 Million in Seed Financing

Terramera has raised $1.8 million in initial financing. Terramera is developing innovative naturally-derived alternative solutions to traditional chemical pesticides.

The Company’s initial financing round generated significant interest reflecting the market’s excitement and confidence in the Company’s planned 2012 product launch.

“Investor interest exceeded my expectations, and reflects the strong support in our technology and management,” said Founder and CEO, Karn Manhas.

The net proceeds of the financing will be used for continued product development and expanding the Company’s sales and operational capabilities.

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Terramera is headquartered in Vancouver, BC which is located on the unceded territory of the Coast Salish Peoples. We thank their people who have been custodians of this land for thousands of years.
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