MoA Technology secures £6.3m Series A funding led by Oxford Sciences Innovation and Parkwalk Advisors to develop crop protection platforms.
The Oxford-based crop protection firm secured the financing from co-leads Oxford Sciences Innovation and Parkwalk Advisors.
MoA Technology develops proprietary platforms to discover novel herbicides and tackle the global challenge of weed resistance. The company emerged from research conducted at Oxford University.
MoA Technology has secured £6.3m in Series A funding to advance its crop protection discovery platforms. The financing round was co-led by Oxford Sciences Innovation and Parkwalk Advisors. The capital will support the company as it seeks to address the growing global crisis of herbicide resistance.
Founded following research from Oxford University, the firm utilizes a combination of genetics, trait analysis, and data analytics across three proprietary platforms. The business plans to use the fresh capital to generate new product candidates and establish industrial partnerships over the coming years.
From the founder
"Weeds are now a greater threat to crop yields than at any time in recent decades. New solutions are urgently needed. Raising £6m at this stage in the company’s development is a real testament to the strength of the company’s prospects."
Hadyn Parry
Chairman at MoA Technology
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About the company
MoA Technology
MoA Technology develops next-generation herbicides to combat global weed resistance.