Moa Technology secures £22.2 million Series C funding to advance its novel mode-of-action herbicide pipeline
Executive summary: Moa Technology closed a £22.2 million Series C financing round, with Oxford Science Enterprises and Supernova Invest as co‑leaders. The funding enables Moa to progress its novel herbicide candidates toward field testing, potentially offering farmers new tools to combat weed resistance.
Who is involved: Moa Technology (lead), Oxford Science Enterprises (co‑lead investor), Supernova Invest (co‑lead investor).
Likely next: Moa will allocate the proceeds to R&D activities, aiming to advance lead compounds into greenhouse and field trials over the next 12‑18 months.
Moa Technology, an Oxford‑based agri‑biotech firm, announced a £22.2 million Series C round co‑led by Oxford Science Enterprises and Supernova Invest. The capital will support research and development of herbicides with new modes of action, addressing resistance issues in global agriculture. The round underscores continued investor confidence in sustainable crop‑protection innovations despite a challenging fundraising environment.
Timeline
- — Moa Technology raises Series C round co-led by Oxford Science Enterprises and Supernova Invest (PR Newswire)
Analysis — what this means
Sectors affected
- agricultural biotechnology
- herbicide research and development
Sources
- Moa Technology raises Series C round co-led by Oxford Science Enterprises and Supernova Invest — PR Newswire
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