moa Technology Limited, an Oxford, UK-based crop protection discovery company, raised $44 Million in Series B funding.
The round was led by Lansdowne Partners with participation from Oxford Science Enterprises, Parkwalk Advisors, BGF Investments, Bits x Bites Growth Fund, IP Group, and the University of Oxford.
The company intends to use the funds to advance its pipeline of new crop protection products designed to increase the resilience and security of the food production system by tackling the problem of weed resistance
Company: MoA Technology Ltd.
Raised: $44.0M
Round: Series B
Funding Month: May 2022
Lead Investors: Lansdowne Partners
Additional Investors: Oxford Science Enterprises, Parkwalk Advisors, BGF Investments, Bits x Bites Growth Fund, IP Group, and the University of Oxford
Company Website: https://www.moa-technology.com/
Software Category: Crop Protection
About the Company: moa Technology Limited is leading the evolution of ethical and collaborative crop protection to feed the world’s growing population efficiently, safely, and sustainably. Spun out from Oxford University’s Plant Sciences Department in 2017 from ground-breaking research by co-founders Professor Liam Dolan FRS, and Dr. Clement Champion, moa was set up to address the challenge of increasing levels of weed resistance to herbicides. The company has developed its discovery platforms and is focused on the discovery of a new generation of sustainable herbicides from both natural and synthetic chemistry. moa working hard to solve an urgent global problem with a new mode of action herbicides that respect human and environmental health, support farmers with better products to face the food supply challenge safely, consistently, and efficiently, and advance the industry with a collaborative approach to integrated weed management.
Source: https://www.finsmes.com/2022/05/moa-raises-44m-in-series-b-financing.html
https://www.moa-technology.com/post/moa-press-release-announcing-series-b-funding