Moa Technology Lands €25.9 Mn Series C to Protect Crops from Herbicide-Resistant Weeds

The funding round was co-led by Oxford Science Enterprises and Supernova Invest. Several new investors also joined the round, including Agri Investment Fund, GrainInnovate, Infinity Investment Partners, and Magdalen College, Oxford.

Existing investors, including Oxford Science Enterprises (OSE), Lansdowne Partners, Parkwalk, and Oxford University Innovation, also participated. The new funding will help Moa continue developing innovative weed control technologies for agriculture.

Dr. Virginia Corless, CEO of Moa Technology, said, “This marks a major milestone for Moa Technology – a validation of the outstanding progress we have made not just in the laboratory, but also in striking commercial deals with leading industry partners around the world. We are particularly pleased that, through AIF in Europe and GrainInnovate in Australia, the farming sector itself is closely connected to the next phase of Moa’s development, helping accelerate delivery of our solutions to the fields where they are so urgently needed.”

Martin Fiennes of Oxford Science Enterprises said, “When we helped spin Moa out from the University of Oxford’s Plant Sciences Department in 2017, we saw that its technology platform had a unique and important approach to address the market’s need for herbicides capable of breaking weed resistance. The success of the platform’s discoveries since in the lab and field trials has confirmed Moa is on track to provide the new solutions farmers need to sustain agricultural productivity, and we’re delighted to be supporting the company again in this fundraising round.”

Founded in 2017 by Professor Liam Dolan and Dr. Clément Champion, Moa Technology aims to help farmers protect their crops from harmful weeds in a sustainable way and support global food security.

Using its proprietary GALAXY platform, the company has screened more than 900,000 compounds and identified over 80 potential new herbicide solutions that could overcome weed resistance to existing herbicides.

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