French agritech start-up Mycophyto raises 4 million euro for large-scale natural agriculture solutions
Summary
To achieve this, we have been increasing our production capacity and industrializing our processes," explains Justine Lipuma.The agritech startup has made it this far thanks to its success in terms of innovation. Mycophyto has also been able to prove the benefits of indigenous mycorrhization for crop productivity and soil resilience, and to gain unique expertise based on the knowledge of arbuscular mycorrhizal fungi with a Biobank, a patented production system and the development of a unique predictive information system combining biotechnology, big data and artificial intelligence. In a geopolitical context where food sovereignty has become a national priority, finding alternatives to chemical fertilizers whose raw materials come from abroad, is a necessity. "There is a clear interest in our company and a remarkable willingness of investors, seemingly from all walks of life, to contribute to a project that makes sense and to create synergies. Our investors include experienced entrepreneurs and Business Angels who want to contribute to the development of our company, as well as to the success of a project with high added value," explains Justine Lipuma.