Press Release
08 February 2022

Elicit Plant Raises €16 Million In Series A Financing

The Paris Technology and Life Sciences team advised investors including Sofinnova Partners, Bpifrance and ECBF on the €16 million Series A financing round of Elicit Plant, a France-based agtech company specialized in crops’ water resistance and in the development of innovative phytosterol-based solutions.

This round table also included historical investors, Aquiti Gestion-NACO fund and Credit-Agricole Charente Perigord Expansion. The funds will be used to accelerate commercialization of its products in France and several key markets throughout Europe, North America and South America. They will also serve to consolidate the scientific platform, expand laboratories, and diversify the portfolio of products to address additional types of crops.

The Goodwin team was led by Anne-Charlotte Rivière.