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Moa Technology raises £22.2 million in a Series C round co-led by Oxford Science Enterprises and Supernova Invest to advance its agricultural biotechnology solutions.

PRIVATEJul 23, 202616 days ago

Amount Raised

£22.2 Million

Round Type

Series C

OxfordBiotechnologyAgriculture and Farming

Investors

Oxford University InnovationParkwalkLansdowne PartnersMagdalen College OxfordInfinity Investment PartnersGrain InnovateAgri Investment FundSupernova InvestOxford Science Enterprises

Description

Moa Technology announces a £22.2 million Series C financing round, co-led by Oxford Science Enterprises and Supernova Invest. New investors include Agri Investment Fund, GrainInnovate, Infinity Investment Partners, and Magdalen College Oxford. The round has also garnered support from existing investors. This investment underlines Moa's innovative capabilities in herbicide development.

Company Information

Company

Moa Technology

Location

Oxford, Mississippi, United States

About

Moa Technology is an agribio company developing next-generation small molecule herbicides and bioherbicides with novel modes of action. Moa has developed its own proprietary plant-led discovery engine that has generated a promising pipeline of novel herbicides that it is advancing towards field trials. By discovering and commercialising novel herbicides, Moa’s goal is to improve global food security and help feed the world’s growing population efficiently, safely and sustainably whilst respecting human and environmental health. With a collaborative approach to integrated weed management, Moa aims to support farmers with better products that address the challenge of ever-increasing levels of weed resistance to herbicides, improving crop health and productivity, and mitigating against the impact of climate change. Based on The Oxford Science Park, Moa was spun out from the University of Oxford’s Plant Sciences Department in 2017 based on ground-breaking research by co-founders Professor Liam Dolan FRS and Dr Clément Champion. The company is backed by top-tier life science and agritech investors including Lansdowne Partners, IP Group, BGF Investments, Bits x Bites, Parkwalk Advisors, Oxford Sciences Innovation and the University of Oxford. Website: https://www.moa-technology.com/ LinkedIn: https://www.linkedin.com/company/moa-technology/ Rob Quinn’s LinkedIn profile: https://www.linkedin.com/in/rob-quinn-53437316/ Apostolos Klontzaris’ LinkedIn profile: https://www.linkedin.com/in/klontzaris/

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