Company Overview
Snapshot
Founded in September 2016 by Efrat Lidor Nili and Orly Noivirt-Brik, WeedOUT operates with 11–50 employees. The company has raised a total of $13.48M across 6 funding rounds from 7 investors. In February 2024, WeedOUT secured an $8.1M funding round, with Fulcrum Global Capital participating as a lead investor.
Business overview
WeedOUT develops a proprietary bio-herbicide product using natural ingredients to combat resistant weeds. Its core technology involves applying special weed pollen via artificial pollination to induce weed seed abortion, thereby preventing the next generation of viable weed seeds. The company aims to reduce reliance on toxic herbicides and lower herbicide doses, serving the agriculture and food technologies sector, specifically focusing on sustainable farming and crop treatment in markets like the United States and North America.
Strategic signal
In February 2024, WeedOUT raised $8.1 million to advance its fight against weed resistance. This significant capital injection, with Fulcrum Global Capital as a lead investor, signals strong investor confidence in the company's biological herbicide technology and its potential to address a critical challenge in modern agriculture. The funding will likely accelerate the commercialization and expansion of WeedOUT's eco-friendly solutions, positioning it as a key innovator in sustainable farming practices.
Log in to access full profile ›Company Intelligence Q&A
- What is WeedOUT's primary mission?
- WeedOUT's primary mission is to reduce the need for toxic herbicides and lower herbicide doses by developing a proprietary bio-herbicide made with natural ingredients for the eradication of resistant weeds.
- When was WeedOUT founded and by whom?
- WeedOUT was founded in September 2016 by co-founders Efrat Lidor Nili and Orly Noivirt-Brik.
- What was a significant funding event for WeedOUT in 2024?
- In February 2024, WeedOUT raised $8.1 million in a funding round, with Fulcrum Global Capital participating as a lead investor. This funding aims to support the company's efforts to combat weed resistance.
- What recognition did WeedOUT receive in 2018?
- WeedOUT won the Best Israeli Agtech Company Competition at the AgriVest 2018 conference.
- Which investor led a Series A round for WeedOUT in February 2020?
- In February 2020, Syngenta Group Ventures led a Series A funding round for WeedOUT to commercialize its species-specific biological herbicide.