About Agrivida
Agrivida is an Agriculture company based in Medford (United States) founded in 2002, and was acquired by Novus International in January 2023. Nutritional enzymes and control platforms for livestock are developed. Agrivida has raised $73.01 million across 19 funding rounds from investors including ARE, Kleiner Perkins and United States Department of Agriculture. The company has 10 employees. Agrivida offers products and services including GRAINZYME Technology. Its focus areas include Food and Agriculture Tech, Livestock Tech, Health Management and Nutrition Supplements. Its legal entity is AGRIVIDA INC. Its competitors include BiOWiSH, Hoofprint and Novus International; 2 of its 3 listed competitors have raised funding.
Company details
Agrivida develops nutritional products for livestock animals. Claims these are powered by specially engineered enzymes. Its nutritional enzymes portfolio includes GralNzyme - grain expressed enzymes for monogastric and ruminant animals, INzyme - green tissue expressed enzymes for ruminant animals, INergy - plants with significantly increased energy content for ruminant animals. It has also developed INzyme, an enzyme regulation platform that acts a biological switch to control the enzymes activity.
- Headquarters Medford, United States
- Employees 10
- Stage Acquired
- SectorsAgriculture
- Website agrivida.com
- Social LinkedIn
- Acquired by Novus International (Jan 2023)
- Legal Name Agrivida Inc
- Total Equity Funding$73.01M (USD)
in 19 rounds
- Latest Funding Round$11M (USD), Series E
Jun 2019
- InvestorsARE
& 25 more
- Employee Count10
- Acquired byNovus International
(Jan 2023)
Products & Services of Agrivida
Agrivida offers a comprehensive portfolio of products and services, including GRAINZYME Technology.
Produces enzymes in corn kernels for better animal feed nutrient utilization.
Funding Insights of Agrivida
Agrivida has successfully raised a total of $73.01M across 19 strategic funding rounds. The most recent funding activity was a Series E round of $11 million completed in June 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $73.01M
- Total Rounds 19
- Last Round Series E — $11M
- First Round $606,544
(Nov 2006)
- Investors Count 25
Latest 10 of 19 funding rounds of Agrivida with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2019 | $11M | Series E | – | Open Prairie Ventures | |
| Oct 2018 | $1M | Series E | – | – | – |
| Feb 2017 | Series E | – | Iowa Corn, TechAccel | – | |
| Sep 2016 | $20.4M | Series E | – | UTIMCO | |
| Aug 2015 | $23M | Series D | – | Cultivian Sandbox | |
| Oct 2014 | $1.25M | Debt – Conventional | – | – | – |
| Sep 2012 | $15M | Series C | – | Bright Capital | |
| Aug 2011 | Grant | – | – | ||
| Jun 2011 | $2M | Series B | – | – | – |
| Jun 2010 | Series B | – | Syngenta Group Ventures | – |
26 investors in total: 26 institutional.
Investors in Agrivida
Agrivida has secured backing from 26 investors, including venture fund and institutional investors. Prominent investors backing the company include ARE, Kleiner Perkins and United States Department of Agriculture.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity fund management is provided by Open Prairie. | openprairie.com | Effingham, United States | ||
Venture capital firm focused on life science companies | 1986 | archventure.com | Chicago, United States | |
| cultiviansbx.com | ||||
Early-stage life-sciences investments are targeted in Europe and the US. | syngentaventures.com | Basel, Switzerland | ||
Foodtech and agtech sectors are invested in by Middleland Capital. | middlelandcapital.com | Washington, Dc, United States | ||
US tech and offline companies are funded by TechAccel. | techaccel.net | Overland Park, United States | ||
Northgate Capital is engaged in venture capital and private equity investments. | 2000 | northgate.com | San Francisco, United States | |
Venture capital firm investing in early-stage tech startups | 1972 | kleinerperkins.com | Menlo Park, United States | |
Mid-stage venture capital investments and support for tech entrepreneurs. | dagventures.com | |||
Bright Capital is engaged in venture capital and growth equity investments. | 2010 | bright-capital.com | Moscow, Russia |
Investor details for Agrivida
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Agrivida
14 people are tracked at Agrivida (6 in leadership, 6 in board & advisors, 2 in team); the tracked headcount is 10.
| Name | Role | Group |
|---|---|---|
Jeremy Schley Johnson | Co-Founder & VP | Leadership |
Andy Ashworth | CFO | Leadership |
R. Michael Raab | Founder & President | Leadership |
Dennis Penland | VP, Supply Chain & Logistics | Leadership |
Mike Lanahan | VP, Product Commercialization | Leadership |
Philip Lessard | Project Manager and Head of Biochemistry | Leadership |
Clint Bybee | Director | Board & advisors |
John Denniston | Advisor | Board & advisors |
Ron Meeusen | Chairman | Board & advisors |
Edward L. McMillan | Director | Board & advisors |
John Steffens | Advisor | Board & advisors |
Ray Cesca | Advisor | Board & advisors |
David Ward | Product Development Manager | Team |
Charles Stremick | Process and Logistics Manager | Team |
Complete people profiles for Agrivida
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Timeline of Agrivida
4 dated milestones of Agrivida across 21 years, from founding to its latest funding, stage changes and deals.
- Founded Agrivida is founded.
- Funding First funding round of $607K.
- Funding Latest funding round, Series E, of $11.0M.
- Exit Acquired by Novus International.
Competitors of Agrivida
Agrivida has 3 listed competitors in our database, 2 of them funded. They include BiOWiSH, Hoofprint and Novus International.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| biowishtechnologies.com | 2007 | Cincinnati, United States | $39.61M | 32 | Innovative organic solutions for waste management and agriculture are developed. | |
| hoofprintbiome.com | 2023 | Raleigh, United States | $19.17M | Probiotics and enzymes for cattle digestion are developed. | ||
| novusint.com | 1991 | St. Charles, United States | 40 | Offers intelligent nutrition products and programs for poultry, swine, and dairy production. |
Detailed competitors of Agrivida
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Frequently Asked Questions about Agrivida
Agrivida was founded in 2002 and raised its 1st funding round 4 years after it was founded.
Agrivida is headquartered in Medford, United States. It is registered at Medford, Oregon, United States.
Agrivida is a funded company, having raised a total of $73.01M across 19 funding rounds to date.
Agrivida has 10 employees.
Agrivida develops nutritional products for livestock animals. Claims these are powered by specially engineered enzymes. Its nutritional enzymes portfolio includes GralNzyme - grain expressed enzymes for monogastric and ruminant animals, INzyme - green tissue expressed enzymes for ruminant animals, INergy - plants with significantly increased energy content for ruminant animals. It has also developed INzyme, an enzyme regulation platform that acts a biological switch to control the enzymes activity.
Agrivida's top competitors include BiOWiSH, Hoofprint and Novus International.
Agrivida offers GRAINZYME Technology.
Agrivida has 26 investors. Key investors include ARE, Kleiner Perkins, United States Department of Agriculture, Northgate Capital, and Arch Venture Partners.
Agrivida operates through Agrivida Inc.
Yes. Agrivida was acquired by Novus International in January 2023.