Investment, Licensing, Partnership
Exosect Limited, a spin-out from the
Exosect develops cost-effective intelligent pest management solutions with the aim of assisting growers, food producers and processors in reaching zero residue targets in their crops and reduce dependency on insecticides. The technology has wide-ranging applications including crop protection, apiculture, amenity and public health.
The company, which according to director Philip Harris, is about to close a finance round backed by a consortium of venture capitalists, is looking for an investment of “Several million sterling to complete large scale trials, product registration and launches into new markets.”
The company is also interested in licensing their platform pest control technology. “We develop Intelligent Pest Management products which capitalise on the characteristics of Entostat powder and the biology of the target pest,” explained Harris, “The Entostat powder exhibits electrostatic properties and acts as a delivery system for a wide range of chemistry. When placed in contact with insects, the powder adheres to them and can be passed from one insect to another through direct contact.”
With regard to partnership Exosect is looking for “major distibution partners that have established dealer networks, with a product suite that suits our mission statement: Our innovative and cost-effective products help growers, food producers and processors actively reduce their use of insecticides,” said the director.
A privately funded
company, Exosect Ltd was spun out of the
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