A Loughborough University spinout has raised a further £1m from Foresight Group as part of a £1.5m funding round to continue its growth journey.
Zayndu has developed a seed priming technology aimed at boosting crop yields, which is already being used globally to treat seeds across the value chain.
By supercharging seeds, helping them germinate faster and grow into bigger, healthier plants without using agricultural chemicals, the technology aims to deliver significant beneficial outcomes across the industry.
The company has developed a unique method of priming seeds using chemical-free cold plasma ‘activated air’ technology.
Since Foresight’s initial investment into the firm in 2023, it has introduced its initial products to market, expanded its range and is accumulating customer data evidencing the increasing plant yields from the technology.
The senior management team has been bolstered with several new hires bringing industry expertise.
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This follow-on investment will allow the company to accelerate commercialisation of the technology, increase recurring revenue and position the business for further growth.
“Zayndu is moving forward at pace, delivering systems which simultaneously remove chemicals from agriculture and boost crop yields,” said Ralph Weir, CEO of Zayndu.
“With Foresight we feel we have found an investor who shares our passion for the environment while also understanding the challenges of building a high-growth technology startup. These funds will be instrumental as we continue our growth journey.”
Line Kristine Gauteplass, investment manager at Foresight Group, added: “We are delighted to continue to support Zayndu on its growth journey. The company has been through exciting change since initial investment and is well positioned for scale.
“Zayndu’s innovative technology is unique in its ability to boost plant health, and we look forward to seeing the impact it has with its growing customer base.”