MoA Technology raises £22.2M Series C led by Supernova Invest and OSE

What's the deal? MoA Technology, a UK biotech developing herbicides to fight weeds resistant to existing treatments, has raised a £22.2 million (€26 million) Series C. The round was co-led by France's Supernova InvestDealroom has a profile for this one. Try Dealroom → and Britain's Oxford Science EnterprisesDealroom has a profile for this one. Try Dealroom → (OSE), a long-standing backer of the company.

What's the endgame? MoA Technology develops new modes of action to control weeds that have grown resistant to current herbicides, a persistent and costly problem for farmers.

The signal: The cross-border investor group — pairing a French fund with a British science backer — points to widening European interest in agricultural biotech aimed at resistance-driven crop losses.

Read more: CFNEWS