Weedingtech
Weedingtech designs and manufactures herbicide-free weed control systems. Its core product, Foamstream, kills weeds and moss using close to boiling water, encapsulated in environmentally friendly, organic foam.
Weedingtech responds to environmental and health concerns raised by certain chemical herbicides, such as glyphosate. After five years of trading, its products were being sold in Continental Europe, North America and the UK.
Increasingly, governments and regulators around the world had begun banning the use of certain chemical herbicides amid concerns about the risks they pose to human health and the environment.
The global herbicide market is estimated to reach $31 billion by 2020. With glyphosate accounting for around three quarters of this total, Weedingtech saw huge potential to grow their operations.
In December 2016, Calculus VCTs and other Calculus funds invested £3 million in Weedingtech. The investment helped Weedingtech expand its sales into new markets, grow its sales team and boost its manufacturing and product development capabilities.
Since (and as a result of) the investment by Calculus, Weedingtech has been able to launch a new model of its core product which is smaller and better than the machine previously being sold and incorporates remote diagnostics, which improves the customer experience and reduces service requirements.
www.weedingtech.com
Leo de Montaignac, Chief Executive, Weedingtech