The funding will support research and commercial expansion for the company's light-converting agricultural additives.
"Oxford Innovation Finance makes decisions quickly and decisively. The OION members are a source of inspiration, as their capital has origins in their own founder stories. Their deep expertise means that founders will likely find mentors and advisors in the process, as well as capital. We’re pleased to have their support as we take GloGro towards commercialisation. This investment will help us build on Lambda’s strong and significant progress and demonstrate the full potential of our technology with growers."
Winfred reads them overnight, pulls out the facts, checks them against Companies House and files them. It was built by C8VA, who do the same kind of work for other businesses: turning messy, unstructured material into something you can search, count and rely on.
The Series C round was co-led by Oxford Science Enterprises and Supernova Invest to support product development.
"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 financing was co-led by Forbion and Corteva to accelerate the commercial rollout of disease-resistant banana varieties.
"This funding is a powerful endorsement of our team’s ability to bring breakthrough products to the hands of growers, exporters and consumers around the world. We are entering a new era, one where gene‑edited crops will significantly enhance food security and sustainability. 2025 proved that our technology delivers – not in the distant future, but right now. With two banana varieties already on the market and demand outstripping supply, this investment enables us to scale global production and expand into new crops faster than ever before. We are excited to be partnering with our new investors as we progress our mission to build a world-leading tropical seeds company."
The early-stage round was backed by Speedinvest and Nucleus Capital.
"The agricultural industry faces significant performance and sustainability challenges which is driving demand for more efficient products. Yet there’s no affordable, rational, or systematic way to discover molecular glues that are the foundation for such products. We’re changing that. We’re using the power of AI to rapidly and accurately derive new molecules that can change farming’s future."
The pre-seed round was led by TechStart Ventures and Ascension Ventures to fuel international expansion and product development.
"The support we have received through local programmes has been fundamental in our success; from being able to tap into expertise to first-class networking opportunities.farmdrive was started on my own family farm to make everyday life easier for cattle farmers. We’re incredibly proud to see it being loved and trusted by thousands of farmers across the UK and Ireland. This £1m investment lets us take our practical vision worldwide – giving farmers better data in their pocket and giving meat processors and retailers the transparency they need – from farm to shelf."
