For its third round of fundraising, the Breton agritech company Agriodor is raising 15 million euros. This operation is carried out with Crédit Mutuel Impact through its fund for environmental and solidarity revolution, Région Sud Investissement, CAAP Création from Crédit Agricole Alpes-Provence, and the historical shareholders Capagro, Ambra Capital, and Swen Capital Partners. This new capital increase will allow the company to expand its biocontrol solutions through natural odors in Spain and Brazil.
“We are convinced that the future of crop protection lies in biology, not chemistry. With this fundraising, we affirm the transformation of Agriodor from a leading French Agtech startup to a global specialist in biocontrol through odors. Our technology provides farmers with an effective tool to preserve yields, the environment, and human health,” stated Alain Thibault, co-founder with Dr. Ené Leppik of Agriodor in 2019, in Rennes.
The company is developing a new generation of crop protection solutions using perfumes based on natural odors emitted by plants to influence insect behavior. “Smell is a universal language among insects that we have decoded. Our technology offers a revolution in crop protection, efficient, residue-free, and respectful of biodiversity, usable alone or in combination with any other crop protection tool,” added Dr. Ené Leppik. Their approach provides an alternative to insecticides as the agricultural sector faces increasing resistance from pests and stricter regulatory frameworks.
Recently, Agriodor achieved a world first by deploying the first semio-chemical (allomone) in large-scale crops, an innovation for sugar beets in France. This new fundraising round should enable them to apply this technology to new crops and insect families, accelerate the company’s commercial growth in Europe and internationally, and continue to develop R&D capabilities through artificial intelligence.
A portfolio of biocontrol solutions: The company’s first product, targeting sugar beet aphids, is marketed through an exclusive distribution agreement with Syngenta, supporting French sugar beet producers in the fight against yellows. Agriodor is now expanding its portfolio to biocontrol solutions for new crops and insect families such as fruit flies, whiteflies, and thrips – markets collectively worth over $4 billion. With 8 patents divided into three families, Agriodor employs 42 staff, including 8 PhDs. To further increase its impact, 15 R&D partnerships have been established in Europe, China, and Brazil.
Key figures and data: – Founded in 2019 – Founders: Alain Thibault (President) and Dr. Ené Leppik (CTO) – 2 laboratories: Rennes (headquarters) and Aix-en-Provence, France – Team: 42 FTEs (8 PhDs, 6 nationalities) – Patents: 8 divided into 3 families – Platform: 10 times cheaper and 2 times faster than conventional pesticides – First product: commercialized through Syngenta – Targeted markets: aphids, fruit flies, whiteflies, thrips, and others – Fundraising in 2026: 15 million euros – Main investor: Environmental and Solidarity Revolution Fund managed by Crédit Mutuel Impact.
