Elicit Plant
Leader in the Fight of Drought Stress
Moulins-sur-Tardoire, France · Founded 2017 · $73.2M raised
- Headquarters
- Moulins-sur-Tardoire
- Employees
- 51–200
- Founded
- 2017
- Business Model
- B2B
- Website
- elicit-plant.com
- Total Funding
- $73.2M
- Last Round
- $52.8M Series BNov 2024
- Rounds
- 4
About
Elicit Plant is a French AgTech company founded in 2017 by Jean-François Déchant, Aymeric Molin, and Olivier Goulay, based in Moulins-sur-Tardoire, France. The company develops phytosterol-based biostimulants — the only such products successfully formulated for large-scale agricultural use — that improve the physiological resilience of crops against drought stress, reducing plant water consumption by approximately 20% while maintaining yields. Elicit Plant's solutions target broad-acre crops including maize, wheat, and sunflower, and are sold globally across key agricultural regions well beyond France.
Summary
Elicit Plant is a Biotech company based in Moulins-sur-Tardoire, France, founded in 2017. It has raised $73.2M in total across 4 rounds, most recently a $52.8M Series B round in Nov 2024. Investors include Sofinnova Partners, Carbyne Equity Partners and European Innovation Council Fund.
Tech & App Stack
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Funding History
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Nov 2024
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Seed through Series B — per-round amounts, valuations, and who invested in each round.
Investors
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