MoA Technology has started developing pesticides and has now been backed by the Parkwalk Opportunities Fund.

Commercialisation firm Parkwalk Advisors has made an investment of undisclosed size into UK-based pesticide developer MoA Technology, a spinout from University of Oxford.

No further funding details were disclosed, though Parkwalk participated through the Parkwalk Opportunities Fund, which backs UK-based technology businesses under a UK tax break scheme for venture capital.

MoA Technology is aiming to produce novel pesticides, products that kill and repel insects and weeds so they cannot interfere with plants or crops. Pesticides have in the past…