Micropep Technologies, a France-based agrochemical spinout from Laboratoire de Recherche en Sciences Végétales (LSRV), raised €4m ($5m) yesterday in a series A round that featured regional tech transfer office Satt Toulouse Tech Transfer.
The round was led by VC firm Sofinnova Partners, which contributed $4.4m through its industrial biotech-focused fund Sofinnova IB I, and also featured state-backed seed fund IRDInov, according to Les Echos.
Satt Toulouse acts as the regional tech transfer office for the Toulouse Midi-Pyrénées region.…