How much funding has Elicit Plant raised?

Elicit Plant has raised $73.2M in total funding, most recently a Series B round.

Who are Elicit Plant's investors?

Elicit Plant's investors include Sofinnova Partners, Carbyne Equity Partners, European Innovation Council Fund, European Circular Bioeconomy Fund.

When was Elicit Plant founded?

Elicit Plant was founded in 2017.

Where is Elicit Plant headquartered?

Elicit Plant is headquartered in Moulins-sur-Tardoire, France.

What industry is Elicit Plant in?

Elicit Plant operates in Biotech, Climate Tech.

How many employees does Elicit Plant have?

Elicit Plant has 51-200 employees.

Elicit Plant

Leader in the Fight of Drought Stress

Moulins-sur-Tardoire, France · Founded 2017 · $73.2M raised

Biotech

Climate Tech

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.