First published in Cleantech magazine, January/February 2008. Copyright Cleantech Investor 2008

Investor: WHEB Ventures, et al.

Target: Exosect

Equity: £3.3m

Pest management company Exosect has received funding of £3.3 million froExisting investors have also participated in the round. The injection of capital will go towards accelerating the company’s market expansion within its sector.m a consortium led by WHEB Ventures and Oxford Capital Partners. 

Exosect’s pest control method is used by growers, producers and processors to avoid residues in their crops and foods. “Since WHEB Ventures first invested in late 2004, Exosect has shown in trials in over 24 countries that its approach to controlling insects is safe, cost-effective and simple to use,” said WHEB Ventures founder Ben Goldsmith.

“With this investment, Exosect now has the financial firepower to really build on the hard work that has been put in over the last few years,” he said.

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