Replenish Nutrients lands $15 million investment for expansion
Replenish Nutrients has secured a $15 million strategic investment to expand its fertilizer facility.
The investment from SRC Agrominerals includes $7.5 million through the purchase of 50 million units at $0.15 per unit.
The expansion is expected to be completed in the first quarter of 2028 and carry gross margins of 25% to 35%.
The deal also includes a 10-year supply agreement for carbonatite, a mineral-rich input for Replenish’s regenerative fertilizer products.