BioTech Moa Technology, focused on discovering novel mode of action herbicides, has announced a £22.2 million Series C financing round.

The round was co-led by Oxford Science Enterprises and new investor Supernova Invest. Other new investors joining the round are Agri Investment Fund, GrainInnovate (a fund investing on behalf of the Grain Research Development Corporation and managed by Artesian), Infinity Investment Partners and Magdalen College Oxford.

The round has also been supported by existing investors OSE, Lansdowne Partners, Parkwalk and Oxford University Innovation.

In the last 24 months, Moa has formed R&D collaborations with four leading companies – Nufarm, Gowan, Certis Belchim and Corteva Agriscience – to develop different novel solutions to help farmers protect their harvests from crop-killing weeds, and expects to continue to sign further commercial research partnerships.