Syngenta leads Series A for WeedOUT to commercialize first species-specific biological herbicide

20.03.2020

Israel-based biological crop protection technology startup WeedOUT announced the first close of a Series A round led by Syngenta Ventures to tackle weeds that are resistant to chemical herbicides such as glyphosate.

WeedOUT is developing what it calls the industry’s first species-specific biological herbicide, by harvesting pollen from specific weed species, irradiating it to become sterile, and then artificially pollinating weeds in the field using pollen dispersing equipment. It’s specifically targeting resistant weeds that have become resistant to chemical herbicides like glyphosate.

WeedOUT’s full Series A round will close in March 2020. Other investors in the round include CreditEase Israel Innovation Fund and Zora Ventures. Existing investor Radicle Growth backed the company around the same time that it won the inaugural Radicle Challenge Israel. It’s also received grants from the Israel Innovation Authority and the European Union’s Horizon 2020 research and innovation program.

More information:
www.syngenta.com
www.weedout-ibs.com

 

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