Elicit Plant

AgribusinessSeries BFranceelicit-plant.com

Latest round

Series B

Last raised

Sep 2024

Total raised

$59M

Investors

5

About Elicit Plant

Based in France, and founded in 2017 by Jean-François Dechant, Aymeric Molin, and Olivier Goulay, Elicit Plant operates as an ag-tech firm specialized in crops' water resistance and in the development of innovative phytosterol-based solutions. The company has developed an innovative biostimulant using phytosterol, a molecule found in plants. The solution naturally boosts plants' metabolism and reduces the need for water thus allowing for better resistance to water stress. Openfield trials showed yield gains of up to more than 20%. The products developed by the company include BEST-a Corn and BEST-a Soya.

Who invested in Elicit Plant

5 investors across 2 rounds

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Funding rounds

  1. Series B

    Sep 25, 2024

    Amount

    $50M

    Investors

    Locked

  2. Series A

    Nov 17, 2021

    Amount

    $9.2M

    Investors

    Locked

Questions about Elicit Plant

Who invested in Elicit Plant?

Elicit Plant has 5 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Elicit Plant raised?

Elicit Plant has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Elicit Plant last raise money?

Elicit Plant's most recent round on record is a Series B, in Sep 2024.

What does Elicit Plant do?

Based in France, and founded in 2017 by Jean-François Dechant, Aymeric Molin, and Olivier Goulay, Elicit Plant operates as an ag-tech firm specialized in crops' water resistance and in the development of innovative phytosterol-based solutions.

Where is Elicit Plant headquartered?

Elicit Plant is headquartered in France.

Which VCs invest in companies like Elicit Plant?

Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Generation Investment Management back agribusiness companies at Elicit Plant's stage. Their profiles are linked below.

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