# Neoplants

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/neoplants

- Industry: Biotechnology
- Headquarters: Paris, France
- Website: www.neoplants.com
- Total disclosed funding: $20M
- Latest round: Seed (Oct 27, 2022)
- Investors on record: 4

## About

Based in Paris, France, and founded in 2018 by Lionel Mora (CEO), and Patrick Torbey (CTO), Neoplants operates as a biotechnology company that uses a plant built to fight air pollution. In October 2022, Neoplants raised USD 20 million in seed funding from Collaborative Fund, Entrepreneur First, Heartcore Capital, and True Ventures, and individual investors also participated in the round.

Neoplants offers a product namely Neo P1. that is a natural air purification system that converts volatile organic compounds (VOCs) into the water, sugars, amino acids, and oxygen, and purifies the air.

The company plans to use October 2022 funding for the research and development of Neo P1 and the construction of a new laboratory.

## Funding rounds

- Seed, Oct 27, 2022, $20M — True Ventures, Heartcore Capital, Collaborative Fund, Entrepreneur First

## Investors

- True Ventures (https://capitalatlas.ai/funds/true-ventures) — Seed
- Heartcore Capital (https://capitalatlas.ai/funds/heartcore-capital) — Seed
- Collaborative Fund (https://capitalatlas.ai/funds/collaborative-fund) — Seed
- Entrepreneur First (https://capitalatlas.ai/funds/entrepreneur-first) — Seed