Future Of Agriculture

An Agtech Entrepreneur's Nightmare: The Story of Wootzano

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Wootzano: https://www.wootzano.com/Atif Syed on LinkedIn: https://www.linkedin.com/in/syedatif/ Via Atif's LinkedIn post"I never thought I’d have to write this.Wootzano, the British robotics company I built from nothing, is at risk of being shut down not because of commercial failure, but because of a procedural trap.Yesterday, after a petition by Innovate UK Loans Limited (UKRI), the Court issued an order that instantly froze Wootzano’s bank accounts.That created an impossible situation:In Scotland, a company cannot speak in court without a solicitor.A solicitor must lodge our appeal.But with accounts frozen, we cannot pay a solicitor."And if we don’t file the appeal by 28 November, liquidation becomes final.A functioning deep-tech company can be silenced without ever being heard.This is not how innovation should die.Wootzano took an £838k Innovate UK Innovation Loan, a government lender, in 2022, a product marketed as patient, flexible capital for high-growth innovators. Flexibility is even built into the c