WeedOUT Overview
- Year Founded
-
2016
- Status
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Private
- Employees
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17
- Latest Deal Type
-
Series A
- Latest Deal Amount
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$8.1M
- Investors
-
10
WeedOUT General Information
Description
Provider of novel bio-herbicides intended to exploit sterility against resistant weeds. The company's herbicides are made from weed pollen, which is applied during the weed flowering period via artificial pollination, which prevents the generation of viable resistant weed seeds, enabling farmers and the agriculture industry players to eradicate chemical-resistant weeds naturally.
Contact Information
Website
www.weedout-ibs.comCorporate Office
- 13 Einstein Street
- Ness Ziona
- Israel
Corporate Office
- 13 Einstein Street
- Ness Ziona
- Israel
WeedOUT Timeline
WeedOUT Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
5. Later Stage VC (Series A) | 20-Feb-2024 | $8.1M | Completed | Generating Revenue | ||
4. Early Stage VC (Series A) | 17-Nov-2020 | Completed | Generating Revenue | |||
3. Accelerator/Incubator | 24-Oct-2019 | Completed | Startup | |||
2. Grant | 01-Jan-2019 | $57K | $1.11M | Completed | Startup | |
1. Seed Round | 07-Apr-2017 | $1.11M | $1.11M | Completed | Startup |
WeedOUT Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Preferred A | ||||||||
Seed-1 | ||||||||
Seed-2 | 4,035 | $284.71 | $284.71 | 1x | $284.71 | 10.37% | ||
Seed-3 | 4,043 | $273.32 | $273.32 | 1x | $273.32 | 10.39% |
WeedOUT Patents
WeedOUT Recent Patent Activity
Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
---|---|---|---|---|---|
CA-3234612-A1 | Methods of weed control | Pending | 14-Oct-2021 | ||
EP-4415539-A1 | Methods of weed control | Pending | 14-Oct-2021 | ||
US-20210315176-A1 | Methods of inhibiting growth of weeds | Active | 25-Oct-2018 | ||
US-11957097-B2 | Methods of inhibiting growth of weeds | Active | 25-Oct-2018 | ||
US-20240268289-A1 | Methods of inhibiting growth of weeds | Pending | 25-Oct-2018 | A01H1/06 |
WeedOUT Executive Team (4)
Name | Title | Board Seat |
---|---|---|
Efrat Nili Ph.D | Co-Founder, Co-Chief Executive Officer and Board Member | |
Orly Noivirt-Brik Ph.D | Co-Founder, Co-Chief Executive Officer and Board Member | |
Zeev Weiss | President | |
Derek Rapp | Chairman |
WeedOUT Board Members (8)
Name | Representing | Role | Since |
---|---|---|---|
Benjamin Weiss | CEIIF | Board Member | |
Derek Rapp | Self | Chairman | |
Efrat Nili Ph.D | WeedOUT | Co-Founder, Co-Chief Executive Officer and Board Member | |
Gerard Chia | Clay Capital (Singapore) | Board Member | |
Kevin Lockett | Fulcrum Global Capital | Board Member |
WeedOUT Signals
WeedOUT Investors (10)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
Bunge Ventures | Corporate Venture Capital | Minority | ||
Clay Capital (Singapore) | Venture Capital | Minority | ||
Fulcrum Global Capital | Venture Capital | Minority | ||
PAN Group Australia | Venture Capital | Minority | ||
Syngenta Group Ventures | Corporate Venture Capital | Minority |
WeedOUT FAQs
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When was WeedOUT founded?
WeedOUT was founded in 2016.
-
Who is the founder of WeedOUT?
Efrat Nili Ph.D and Orly Noivirt-Brik Ph.D are the founders of WeedOUT.
-
Who is the CEO of WeedOUT?
Efrat Nili Ph.D and Orly Noivirt-Brik Ph.D are the CEOs of WeedOUT.
-
Where is WeedOUT headquartered?
WeedOUT is headquartered in Ness Ziona, Israel.
-
What is the size of WeedOUT?
WeedOUT has 17 total employees.
-
What industry is WeedOUT in?
WeedOUT’s primary industry is Agricultural Chemicals.
-
Is WeedOUT a private or public company?
WeedOUT is a Private company.
-
What is the current valuation of WeedOUT?
The current valuation of WeedOUT is
. -
What is WeedOUT’s current revenue?
The current revenue for WeedOUT is
. -
How much funding has WeedOUT raised over time?
WeedOUT has raised $13.4M.
-
Who are WeedOUT’s investors?
Bunge Ventures, Clay Capital (Singapore), Fulcrum Global Capital, PAN Group Australia, and Syngenta Group Ventures are 5 of 10 investors who have invested in WeedOUT.
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