
WeedOUT
A biotechnology company focusing on providing weed control solutions.
Date | Investors | Amount | Round |
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- | investor | €0.0 | round |
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investor investor investor investor | €0.0 | round | |
investor | €0.0 Valuation: €0.0 | round | |
* | $8.1m | Series A | |
Total Funding | 000k |
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WeedOUT is an innovative startup focused on addressing the growing problem of weed resistance in agriculture. The company operates in the agri-tech sector, specifically targeting farmers and agricultural businesses that are struggling with weeds that have become resistant to traditional chemical herbicides. WeedOUT's unique approach involves developing a biological herbicide that exploits the concept of sterility to combat these resistant weeds.
The core of WeedOUT's solution is a bioherbicide that induces sterility in weed pollen, effectively preventing the weeds from reproducing and spreading. This method offers a sustainable and environmentally friendly alternative to conventional chemical herbicides, which often lose their effectiveness over time as weeds develop resistance. By introducing a new mode of action, WeedOUT's product can be integrated into existing weed management programs to enhance their efficacy and longevity.
WeedOUT's business model revolves around the research, development, and commercialization of its bioherbicide. The company generates revenue through the sale of its product to farmers and agricultural enterprises. Additionally, WeedOUT may explore partnerships and licensing agreements with other companies in the agricultural sector to expand the reach and impact of its innovative solution.
The company has received significant recognition and support, including funding from the European Union's Horizon 2020 research and innovation program. In 2018, WeedOUT was named the Best Israeli Ag-Tech Company at the Agrivest competition, highlighting its potential and the importance of its work in the field of sustainable agriculture.
In summary, WeedOUT is revolutionizing weed control by offering a novel, biological solution to the problem of resistant weeds, serving the agricultural market with a focus on sustainability and innovation.
Keywords: WeedOUT, bioherbicide, biopesticide, resistant weeds, sterility, weed control, agriculture, sustainable, innovation, Horizon 2020.