Mycoverse, an agritech spin-out from the Technical University of Denmark (DTU), has announced the closing of a €2.4 million pre-seed funding round. The company focuses on developing biological crop protection solutions based on the use of fungi.

Target: Potato Late Blight

The funding will primarily support the development of a solution to combat potato late blight, one of the most destructive crop diseases in Europe. Mycoverse uses an AI-driven discovery platform and advanced fungal production technologies to identify promising strains and develop bioactive solutions.

A $1.9 Billion Global Market

Potato late blight represents an estimated $1.9 billion global market, highlighting the strong demand for innovative, bio-based solutions that can support crop resilience while reducing environmental impact. The company aims to replace chemical pesticides by integrating into existing farming systems.

Towards Sustainable Agriculture

The crop protection landscape in Europe is constantly evolving, driven by regulatory changes and a growing demand for more sustainable agricultural practices. Mycoverse aims to provide farmers with reliable and effective tools to manage persistent disease pressures, contributing to a more environmentally friendly agriculture.