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Agriculture
Elicit Plant raises cash for crop biostimulants
by Matt Blois
November 25, 2024
| A version of this story appeared in
Volume 102, Issue 37
The French start-up Elicit Plant, one of C&EN’s 10 Start-Ups to Watch in 2023, has raised $47 million to commercialize products that help protect crop yields during drought. The products are composed of phytosterols, molecules that regulate a plant’s response to stressors. Earlier this year, the firm announced partnerships with BASF and Bayer to develop biostimulants for crops in France. Elicit plans to launch products in the US next year.
Chemical & Engineering News
ISSN 0009-2347
Copyright © 2024 American Chemical Society
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