Series B31 May 2022

moa Technology secures £35m Series B financing to advance sustainable crop protection

The financing round was co-led by Lansdowne Partners, Oxford Science Enterprises, and Parkwalk Advisors.

£35.0MSeries B

moa Technology develops proprietary platforms to discover new herbicide modes of action and tackle weed resistance in agriculture. The company uses miniaturised living plants alongside genetics and data analytics to create safe and sustainable crop protection products.

moa Technology has secured £35m in a Series B funding round co-led by Lansdowne Partners, Oxford Science Enterprises, and Parkwalk Advisors. Additional participation came from BGF Investments, Bits x Bites Growth Fund, IP Group, and the University of Oxford. The capital will be directed towards advancing the company pipeline of crop protection products and expanding its high-throughput screening platforms to combat growing global weed resistance.

Spun out of Oxford University, the company applies plant-led approaches and proprietary discovery platforms to identify novel modes of action for herbicides. The fresh financing will support commercial opportunities and help bring new sustainable solutions to agricultural markets.

From the founder

"Global agriculture needs a new Green Revolution if we are to feed the world sustainably. Being able to control weeds is critical to both yield and the cost of production in most crops and new herbicide modes of action are essential. It’s very exciting to see moa starting to play its part in this new revolution by advancing so far in such little time."

Hadyn Parry

Chairman at moa Technology

Investor perspective

"Parkwalk is excited to offer its continued support to moa, helping advance the development of their novel technology that is so critical to farmers across the UK and globally. We have always felt that moa’s relentless effort to strive for global food security will enable a better future."

Cassie Doherty

Investor, Parkwalk Advisors