Tech Company Financing Transactions
Elicit Plant Funding Round
ECBF - European Circular Bioeconomy Fund and Sofinnova Partners participated in a $48 million Series B funding round for Elicit Plant. The round was announced on 11/14/2024.
Transaction Overview
Company Name
Announced On
11/14/2024
Transaction Type
Venture Equity
Amount
$48,000,000
Round
Series B
Proceeds Purpose
The company intends to use the funds to accelerate its worldwide expansion, with a focus on the U.S. Corn Belt.
Company Information
Company Status
Private & Independent
Industry
Life Sciences
Mailing Address
1 Passage de la Croix, Lieu-dit le châtaignier
Moulins-sur-tardoire, 16220
France
Moulins-sur-tardoire, 16220
France
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Our mission is to provide solutions, with proven scientific results and benefits, that help agriculture adapt to climate change, starting with water stress in field crops. We believe in a resilient agricultural and food system, harnessing the power of plants to build a better future, more respectful of nature and people. We are able to contribute to this, thanks to our unique technology that elicits plants ; natural defenses to cope with stress, and provides better resistance to climate change.
Management Team
Title
Name
Email & Social
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We report on every notable VC transaction. VC investment data records reported here are derived from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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