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Elicit Plant
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Developer of phytosterol-based biological inputs for broadacre crops

Founded in 2017
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Company type Private Public ()
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Industry Group agriculture & food

Sector precision agriculture

TRL Range 9
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
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Headquarters France Charente, France
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Updated by Cleantech Group on 11/17/2024

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IPO INFORMATION

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Date Investors Type Amount
11/14/2024 Carbyne Equity Partners Carbyne Equity Partners , Sofinnova Partners Sofinnova Partners , European Circular Bioeconomy Fund European Circular Bioeconomy Fund , BPI Eco GreenTEch BPI Eco GreenTEch , BPIFrance BPIFrance (5)
Post-money valuation of
The €45M funds will be used to enter the U.S. market next year, expand commercially in Europe and Brazil, expand strategic partnerships with agri-input players, and accelerate R&D activity. BASF,
Series B $48,000,000
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