Cleantech Venture Forum: Marrone Organic Innovations
Marrone Organic Innovations is the creator of natural, environmentally responsible products for weed and pest management. PodTech’s Rio Pesino spoke with MOI Founder Pam Marrone at the Cleantech Venture Forum in New York.
The Cleantech Forum is right around the corner, February 19-22, in San Francisco. The San Francisco Cleantech Forum brings together more than 600 top investors, companies and thought-leaders for two days of unparalleled networking and cutting edge exchange. Register here.
Transcript:
Host: Rio Pesino – PodTech
Guest: Pam Marrone – Marrone Organic Innovations
Rio Pesino – PodTech
This is Rio Pesino for PodTech.net so I am here at Cleantech in New York. I am here with Pam Marrone, who is the Founder and CEO of Marrone Organic Innovations. Welcome to the Podcast Pam.
Pam Marrone – Marrone Organic Innovations
Hi.
Rio Pesino – PodTech
Now, Pam go ahead and tell me a bit about your company, what you guys do?
Pam Marrone – Marrone Organic Innovations
Well we develop natural products for controlling weeds and pests in organic farming.
Rio Pesino – PodTech
How long have you guys been in business?
Pam Marrone – Marrone Organic Innovations
Well we are a new startup and I am an experienced entrepreneur having other biopesticide companies started up before, but I started in April just raised our seed financing and now we are here at this Cleantech looking for the biggest — the big of round of financing two-three million.
Rio Pesino – PodTech
Cool. How many employees guys having?
Pam Marrone – Marrone Organic Innovations
Well, we now have three employees.
Rio Pesino – PodTech
Wow, it’s a very, very neat.
Pam Marrone – Marrone Organic Innovations
We are a startup. Right now we’ve got a great product pipeline. We have already in licensed some products and we’ve got great people working for us, so it’s just money.
Rio Pesino – PodTech
Right. What are some of the products?
Pam Marrone – Marrone Organic Innovations
Well, we actually have our first weed killer, so the largest part in organic production is controlling weeds, you can’t use round up, you can’t use chemical sprays, you have to hand hold them out or use a tractor many times over the field, not very environmentally friendly to do that. So, those products actually it’s an extract of the plant that you can spray on the weeds and kill them and it’s organically certified.
Rio Pesino – PodTech
So, what are your thoughts on Cleantech, it’s a…?
Pam Marrone – Marrone Organic Innovations
Well Cleantech is a great venue, I have actually presented here a couple times before and this is the biggest one ever. The Cleantech area is really hot right now and what’s nice about it is you get a lot of investors all in one room, listening to. So, it takes a lot less work to find investors when you are here.
Rio Pesino – PodTech
What’s your goal here at Cleantech?
Pam Marrone – Marrone Organic Innovations
Well I would like to get at least one investor who could serve as a major lead investor for our series around.
Rio Pesino – PodTech
Okay. Pam well good luck for that.
Pam Marrone – Marrone Organic Innovations
Thank you very much.
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