Toopi Organics , a Gallic biotechnology inauguration evolve plant biostimulants derive from the zymosis of human urine , today announces the closing of a € 16 M ( $ 17 MB ) financing turn . The fresh capital will be used to expand the company ’s urine assembling internet , launch 3 unexampled urine - based product in the EU , and instal two industrial site , in France and Belgium , so as to attain a transformation capacity exceeding 2 million liters of piddle per yr by 2027
This series A funding bout was contribute by VisVires New Protein , a spheric investment firm supporting challenging teams train transformative resolution for a healthier , safe , and more regenerative agri - food system , alongside European encroachment monetary resource Edaphon , Noshaq , and MAIF Impact , as well as BNP Paribas Développement . Existing investor , including IRDI , JOHES , and MakeSense , also participated .
In addition to attracting € 11 M in equity , Toopi Organics assure € 5 M of non - dilutive financing . make new opportunities for water conservation and for the transition to a more sustainable and resilient farming simulation in the EU , the troupe obtained a € 3,8 M encroachment grant from the French government ( ADEME ) and a € 1,1 M assignment from Bpifrance .
Alexandra Carpentier , Chief Executive Officer , and Michael Roes , President and Founder of Toopi Organics . quotation : Toopi Organics
" With this fundraise , our destination is to deploy a range of urine - based biostimulants across 600,000 hectares of crops in Europe in 2027 . Over the retiring 3 years , our first product – the Lactopi Start - underwent over 40 agronomic trials . It is now approved , including for economic consumption in organic agriculture , and thus supply a straight solution to reduce the EU dependence on phosphate fertilizer importee . For farmers , it mean preserved yields , trim down overall fertilisation monetary value , and a low C footmark . The product was very well received in Belgium this year , with very encouraging field final result from client , which bodes well for the distribution drive in France , which is embark on now . " Alexandra Carpentier , CEO of Toopi organic fertiliser
" Within 3 twelvemonth , Toopi Organics place up a unique human piss collection internet in France through partnerships with major players such as Vinci Highways for state highway rest areas and EU - wide toilet rental ship’s company WC Loc for music festivals . The team also achieved a tour de force , obtaining market approval in 6 EU member states for a first - in - course microbic biostimulant based on the fermentation of human piss . This funding rhythm really marks the passage from startup to scale - up , with exciting milestones in terms of industrialization , market adoption , and environmental impact . " Marie - Anne Dupin , Partner , VisVires New Protein
" Ending micturition in drink body of water and seeing urine as a born resource were seen as risible , offbeat ideas when Toopi started out in 2019 . Since then , a scientific consensus on the benefit of human urine diversion and upcycling has emerge . The state of war in Ukraine led to unprecedented fertiliser shortage in 2022 , with damage skyrocketing by up to 300 % . There were drought , of course , with , for instance , body of water restrictions starting in March in France this class . With our technology , we at last provide a executable economical model for human piss upcycling for Department of Agriculture . Now , with this new consortium of international investor , our aspiration is to go fast and far , in Europe and elsewhere . " Michael Roes , Founder and President of Toopi organic fertiliser
For more information : Toopitoopi - organics.com
