# Phytoform Labs

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/phytoform-labs

- Industry: Biotechnology
- Headquarters: Salisbury, UK
- Website: www.phytoformlabs.com
- Total disclosed funding: $5.7M
- Latest round: Seed (Dec 16, 2021)
- Investors on record: 8

## About

Based in Salisbury, UK, Phytoform Labs Ltd focuses on advanced plant chromosome engineering, creating innovative agricultural solutions that enhance crop sustainability and resilience for diverse agricultural stakeholders.Founded in 2017, Phytoform Labs Ltd specializes in plant chromosome engineering. The company has completed a total of 3 deals, with the most recent funding round being a Seed round on December 16, 2021, where they raised USD 5.7 mn led by Eniac Ventures, along with other investors such as Backed VC and Wireframe Ventures. The co-founders, Nicolas Kral and William Pelton, have a background in agricultural innovation, with William Pelton currently serving as the CEO.Phytoform Labs specializes in advanced plant chromosome engineering, focusing on developing innovative agricultural solutions aimed at enhancing crop sustainability and resilience. Their core offerings address critical challenges in agriculture, such as increasing yield, improving disease resistance, and reducing dependency on chemical inputs. The technology employs methodologies to manipulate plant genetics, ultimately providing solutions that benefit farmers, agricultural businesses, and consumers seeking sustainable food sources. Phytoform Labs targets diverse geographical markets, including Europe and North America, catering to agricultural producers, biotechnological firms, and research institutions.Phytoform Labs operates within a framework of partnerships and collaborations that structure its revenue model. Revenue generation is driven through strategic alliances with agricultural stakeholders, including direct partnerships with growers and agricultural technology companies. Transactions typically involve licensing agreements or collaborative research projects, allowing clients access to its proprietary technologies and expertise in plant chromosome engineering. The revenue stream is further supported by ongoing projects funded by initiatives such as the Advanced Research + Innovation Agency.In December 2021, Phytoform Labs Ltd raised USD 5.7 mn in Seed funding, which will be utilized to expand its team and enhance its focus on introducing traits in tomatoes and potatoes to achieve greater yield and reduce crop losses along the food supply chain. The company has plans for future growth that may include the introduction of new agricultural products targeting improved crop resilience and sustainability. They aim to further expand into markets within Europe and North America to reach a broader client base.

## Funding rounds

- Seed, Dec 16, 2021, $5.7M — Eniac Ventures, Backed VC, Refactor Capital, Wireframe Ventures, FTW Ventures, Pale Blue Dot, Fine Structure Ventures
- Seed, Dec 12, 2019 — Acequia Capital

## Investors

- Acequia Capital (https://capitalatlas.ai/funds/acequia-capital) — Seed
- Eniac Ventures (https://capitalatlas.ai/funds/eniac-ventures) — Seed
- Backed VC (https://capitalatlas.ai/funds/backed-vc) — Seed
- Refactor Capital (https://capitalatlas.ai/funds/refactor-capital) — Seed
- Wireframe Ventures (https://capitalatlas.ai/funds/wireframe-ventures) — Seed
- FTW Ventures (https://capitalatlas.ai/funds/ftw-ventures) — Seed
- Pale Blue Dot (https://capitalatlas.ai/funds/pale-blue-dot) — Seed
- Fine Structure Ventures (https://capitalatlas.ai/funds/fine-structure-ventures) — Seed