# RootWave

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/rootwave

- Industry: Agribusiness
- Headquarters: UK
- Website: www.rootwave.com
- Total disclosed funding: $9.9M
- Latest round: Series A (Aug 5, 2021)
- Investors on record: 4

## About

Ubiqutek Ltd. specializes in innovative electrical weed control technology, providing sustainable solutions for agricultural environments such as orchards and vineyards, aiming to eliminate unwanted vegetation without chemicals.Founded in 2012, Ubiqutek Ltd. focuses on advanced weeding solutions utilizing electric technology. The company is headquartered in the UK and has completed four funding deals, with the most recent being a Series A round on August 5, 2021, raising GBP 1.45 million from Rabo Investments and V-Bio Ventures. The current valuation of the company stands at GBP 13.799 million. Andrew Diprose serves as CEO.Ubiqutek Ltd. offers advanced weed control technology through its flagship product designed for electrical weeding. This technology effectively targets weeds at the root level, minimizing chemical usage and promoting sustainability in sensitive agricultural environments. The company primarily caters to farmers and vineyard operators, delivering solutions that align with current demands for eco-friendly farming practices across Europe and North America.In the most recent fiscal year, Ubiqutek Ltd. reported revenue of GBP 6,604.7 mn, with an EBITDA of GBP -50,390.1.Ubiqutek Ltd. plans to utilize the GBP 1.45 million raised in its Series A funding to enhance its product offerings and expand into new markets. The company aims to develop additional innovative products that will be launched in the upcoming years and target specific regions for expansion, though no specific dates or regions have been disclosed. The recent funding will support these initiatives as the company seeks to strengthen its position in the agricultural technology sector.

## Funding rounds

- Series A, Aug 5, 2021, $2M — Rabo Investments, V-Bio Ventures
- Series A, Jan 17, 2020, $7M — Rabo Investments, V-Bio Ventures, The Yield Lab, Pymwymic
- Seed, Jul 17, 2018, $0.8M — The Yield Lab

## Investors

- The Yield Lab (https://capitalatlas.ai/funds/the-yield-lab) — Seed, Series A
- Rabo Investments (https://capitalatlas.ai/funds/rabo-investments) — Series A
- V-Bio Ventures (https://capitalatlas.ai/funds/v-bio-ventures) — Series A
- Pymwymic (https://capitalatlas.ai/funds/pymwymic) — Series A