Mycoverse raises €2.4M pre-seed to tackle potato late blight in Europe

Mycoverse, an agritech spin-out from the Technical University of Denmark (DTU) developing fungal-based biological crop protection, has raised €2.4 million in pre-seed equity funding. The round was co-led by Future Food Fund and High-Tech Gründerfonds (HTGF), with participation from PINC, the venture arm of Paulig, bringing the company’s total funding to €4.3 million.

The crop protection landscape in Europe is evolving in response to regulatory changes and growing demand for more sustainable agricultural practices. At the same time, farmers continue to require reliable and cost-effective tools to manage persistent disease pressures.

Potato late blight remains a major challenge and represents an estimated $1.9 billion global market, underlining demand for innovative bio-based solutions that can support crop resilience while reducing environmental impact.

To address this need, Mycoverse is developing fungal-based biological crop protection solutions using an AI-driven discovery platform and advanced fungal production technology. The company focuses on identifying promising fungal strains and developing bioactive solutions designed to replace chemical pesticides while integrating into existing farming systems.

Its platform is built to support scalable, data-driven applications across multiple crops, with an initial focus on potato late blight and potential future use in grapevine. The company reports that its lead candidates have demonstrated strong performance in greenhouse trials.

The new funding will support the development of Mycoverse’s first solution targeting potato late blight, one of Europe’s most destructive crop diseases, as the region faces increasing pressure to reduce reliance on chemical pesticides.