Loading organizations...
Elicit Plant is an agricultural technology company based in Moulins-sur-Tardoire, France, that develops phytosterol-based biostimulants applied via foliar spray to enhance crop resistance to water stress and drought. The company's proprietary agricultural solutions are specifically designed for major row crops such as corn and soybeans, effectively reducing water consumption by up to 20 percent while protecting overall harvest yields. Operating with a global workforce of approximately 30 employees, the enterprise conducts extensive on-farm research and thousands of field trials across Europe, North America, and South America to validate its plant science technology. The business has successfully raised €16 million in Series A funding from a syndicate of venture capital investors that includes Sofinnova Partners, ECBF, Carbyne Equity Partners, and Bpifrance. Elicit Plant was originally founded in 2017 by Jean-François Déchant, Olivier Goulay, and Aymeric Molin.
Elicit Plant has raised $66.0M across 2 funding rounds.
Elicit Plant has raised $66.0M in total across 2 funding rounds.
Elicit Plant has raised $66.0M in total across 2 funding rounds.
Elicit Plant's investors include High-Tech Gründerfonds, Sofinnova Partners.
Elicit Plant has raised $66.0M across 2 funding rounds. Most recently, it raised $48.0M Series B in November 2024.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Nov 1, 2024 | $48M Series B | — | High Tech Gründerfonds | Announced |
| Feb 1, 2022 | $18M Series A | Sofinnova Partners | High Tech Gründerfonds | Announced |
Elicit Plant is a French agro‑biotechnology company that develops phytosterol‑based biostimulant products (branded EliTerra®) to increase crop resilience to water stress and reduce water consumption in broad‑acre crops such as maize, with commercial operations across Europe, Brazil, Ukraine and an expansion into the U.S. market underway[3][1].
High‑Level Overview
Origin Story
Core Differentiators
Role in the Broader Tech Landscape
Quick Take & Future Outlook
If you’d like, I can: