TLDR:
Key Points:
- WeedOUT, Ltd. raises USD8.1 million in A-round funding to combat weed resistance.
- The company’s green solution targets herbicide-resistant weeds and aims to improve crop yield.
Ag-tech start-up WeedOUT secures USD8.1 million in funding to fight weed resistance, with Fulcrum Global Capital leading the A-round. Other participants include Bunge Ventures and Clay Capital. WeedOUT’s solution addresses the issue of herbicide-resistant weeds, focusing on the Palmer amaranth weed. The company’s innovative approach targets the reproductive system of resistant weeds, using sterile pollen to impede the growth of new weed generations. This method draws inspiration from successful insect control techniques and aims to provide a sustainable, long-term solution. The funding will support field trials across the U.S. and the launch of their product targeting the Palmer amaranth weed. WeedOUT’s founders hope their biological approach will redefine weed management strategies and enhance crop yields while minimizing reliance on chemical herbicides.
