Elaniti Raises Funding to Accelerate Soil Microbiome Intelligence, Enabling the Transition to Regenerative Farming
British agritech startup Elaniti has closed a funding round that aims to accelerate the development of its soon-to-launch flagship product, a digital tool enabling agribusinesses to decode the microbial composition of soil. Using AI and DNA sequencing, the tool enables farmers to optimise productivity in both the short term and long term while reducing reliance on synthetic inputs. This could be crucial in transitioning to sustainable, regenerative agriculture and a more plant-based food system. Participants in the funding round included biotope by VIB, Planetary Impact Ventures, and Paulig Group’s CVC arm, PINC. The round adds to non-dilutive funding received by the company from Innovate UK in January, bringing the total amount raised to €1.5 million. Elaniti will use the funding to strengthen its team and …