Elicit Plant

Elicit Plant is an AGtech company that pioneers phytosterol-based solutions to strengthen crop resilience and boost yields amid climate hazards. Founded in 2017 and headquartered in France, the company has garnered significant attention in the Agriculture, Biotechnology, and AgriTech industries.

Elicit Plant's patented technology aims to reduce plant water stress, thereby increasing yield in situations of water scarcity. The company is dedicated to developing and providing effective prevention products against the stress suffered by plants, achieved through the intake of exogenous phytosterols in the field. This innovative approach not only provides a novel solution for reducing water consumption in targeted plant cultivation but also helps to combat water stress, contributing to sustainable agricultural practices.

Elicit Plant's commitment to leveraging technology is evidenced by its development of a methodology to collect soil, plant development, and climate data to quantify the results obtained under real-life conditions. This emphasis on data-driven insights underscores the company's forward-thinking approach to addressing the challenges of modern agriculture.

The company's growth and potential have attracted significant investment, with its latest funding round totaling $48.00MB in a Series investment on 15 November 2024. Notable investors in this round include Sofinnova Partners, ECBF, Carbyne Equity Partners, and BPI EcoGreenTech. This substantial investment reflects the confidence of industry leaders in Elicit Plant's innovative solutions and its potential to make a meaningful impact on agricultural sustainability and resilience.