Biotech

Mycophyto Opens Morocco Subsidiary

MYCOPHYTO has announced the completion of a €16 million Series A funding round to support its next phase of growth and accelerate its international ambitions.

Key Takeaways

  • Mycophyto announced the opening of its Morocco subsidiary as part of its international development strategy to strengthen its presence in African agricultural markets.
  • The company will participate for the third consecutive year at SIAM 2026 under the Business France pavilion to showcase agricultural biostimulant solutions.
  • Mycophyto’s solutions demonstrate up to 15% additional yield for tomato production in North Africa and 37% increased water retention for vineyards.
  • CEO and Co-founder Justine Lipuma emphasized the company’s confidence in Morocco’s agricultural potential and existing partnership with CDG Invest.
  • The Morocco expansion supports the kingdom’s “Green Generation 2020-2030” plan focused on sustainable food sovereignty and agricultural job creation.

Mycophyto Expands International Presence

French agricultural biostimulant specialist Mycophyto announced on April 16, 2026, the upcoming opening of its subsidiary in Morocco, marking a significant milestone in the company’s international expansion strategy. The Grasse-based company aims to strengthen its position within African agricultural markets through this strategic establishment.

Morocco was selected as a strategic hub offering privileged access to Africa and beyond, while allowing Mycophyto to structure its regional presence and accelerate deployment of solutions adapted to specific agronomic territories. The kingdom distinguishes itself through production diversity, agricultural modernization, and commitment to innovation.

Leadership Perspective on Morocco Strategy

“The opening of this subsidiary in Morocco reflects our confidence in the Kingdom’s agricultural potential and its key role at a regional level. We aim to build lasting collaborations there and support local stakeholders through their transitions. This momentum strengthens our established partnership with CDG Invest, which has already invested in our solutions within the country.” said Justine Lipuma, CEO and Co-founder of Mycophyto.

Mycophyto Technology and Market Position

Founded in 2017 from INRAE and Côte d’Azur University laboratories, Mycophyto develops biological solutions based on plant-mycorrhizal fungi symbioses. The France 2030-recognized company’s technology delivers up to 20% hydric stress reduction, 30% mineral fertilizer reduction, and up to 45% yield increases, supporting sustainable soil regeneration and crop resilience.

administrator
Founder and journalist at iGrow News, covering Agriculture, Energy, and Water technology. I report on the companies, funding, and trends shaping these sectors, with a focus on accurate, unbiased coverage. Follow me on LinkedIn and Twitter.

Leave a Reply