What is MicroPEP Technologies?
Founded in 2016 as a spin-out from Toulouse University, MicroPEP Technologies specializes in AgriTech, focusing on the development of innovative peptide-based biological products. The company's proprietary discovery platform identifies and enhances naturally occurring micro-RNA derived peptides (miPEPs). These miPEPs transiently regulate plant micro-RNAs and targeted genes, conferring resistance to pathogens and improving overall plant health. MicroPEP's technology offers a sustainable approach to enhancing crop resilience and productivity, addressing critical needs within the agricultural industry.
How much funding has MicroPEP Technologies raised?
MicroPEP Technologies has raised a total of $49.1M across 2 funding rounds:
Series A
$9.1M
Series B
$40M
Series A (2022): $9.1M with participation from Fall Line Capital, Supernova Invest, and FMC Ventures
Series B (2024): $40M led by Sparkfood and Corteva Agriscience
Key Investors in MicroPEP Technologies
Corteva Agriscience
Corteva Agriscience is a major player in the agriculture business, operating through Seed and Crop Protection segments. They focus on developing advanced germplasm, trait technologies, and crop protection products, alongside digital solutions to optimize farm yields and profitability.
Sparkfood
Sparkfood is an Ingredient Innovation Company dedicated to delivering novel active ingredients for people, pets, and plants, with a strong emphasis on sustainability and scientific substantiation. They invest in disruptive start-ups across human care, pet care, and plant care markets.
Fall Line Capital
Fall Line Capital specializes in redefining investment in farmland and technology across the United States, focusing on purchasing and actively managing farmland while investing in technology that enhances their land holdings.
What's next for MicroPEP Technologies?
With the recent major strategic investment, MicroPEP Technologies is poised to scale its operations and further commercialize its innovative peptide-based solutions. The substantial backing from industry leaders suggests a strong market validation for its technology. Future endeavors will likely focus on expanding its product pipeline, increasing market penetration, and potentially forging new strategic partnerships to leverage its unique AgriTech platform. This financing round is expected to fuel research and development, enhance manufacturing capabilities, and support global market entry, solidifying MicroPEP's position as a key player in sustainable agriculture.
See full MicroPEP Technologies company page
