The Canadian company Lucent BioSciences aims to replicate in Mexico its agrotechnology model based on the first biofertilizer based on food recycling, Soileos, which aims to improve agricultural practices in the country.

“The biofertilizer was developed from lentil, oat and rice husks, among other products,” commented José Godoy Toku, co-founder of Lucent BioSciences.

In interview with The EconomistGodoy explained that the technology was developed with the support of Canada’s education sector, where the idea of ​​biofertilizer is to accelerate sustainable agriculture, increase productivity and improve soil. “We had the support of the Canadian government, this technology, we think right now it’s essential for our land and our plants that we focus on nutrients, in particular.”

He mentioned that the technology developed by Lucent BioSciences works the opposite of the traditional fertilizer system, “we know that this type of fertilizer has generated damage to the underground water layers as well as to the soil and our focus has always been on how we can heal the land and how we can improve agricultural production for small, medium and large farmers”.

In an interview with El Economista, Michael Riedijk, co-founder of the company mentioned that the company received financing from public and private funds in Canada for a total of 11.5 million dollars. commented that in the last fund they raised in March 2023 was $1.3 million.

“We focus on micronutrients from magnesium and ironwhat we’ve seen is that right now most of our fruit, our food, doesn’t have enough nutrients, which produces inefficiency in our body,” Riedijk said.

He explained that they work with a Circular economy model, where to work with food processor manufacturers. “We produce an extra line when the farmer goes to deliver his product, let’s say his agricultural waste, we use that waste to create the fertilizer so we deliver it, that the agricultural waste becomes a river of fertilizer that goes back to the land, which is part of the circular economy process.

Opportunity for Mexico

The company aims establish one of the first biofertilizer production plants in Latin America and become an agricultural technology supply hub for the region with a greater commitment to innovation and care for the earth through a circular economy,” insisted Godoy Toku.

He mentioned that the leaders of Lucent BioSciences are in talks with private companies in Mexico such as Bimbo and with local Canadian authorities to find a strategic ally in the country and improving the quality of crops, land and the planet.

“We have spoken with the regeneration department of Grupo Bimbo, as they are interested in doing tests with our product, since we are also talking with other companies in the same field who want to see how reuse their products their agricultural waste and transform it into fertilizer or convert it into energy, into something that they can not only monetize, but also improve the earth because it is so important to the whole world,” concluded Michael Riedijk, co-founder of Lucent BioSciences.