Benchmark Genetics

Bergen, Norway Founded: 2000 • Age: 26 yrs Acquired By Novo Holdings
Genetic breeding services for aquaculture species are provided.
Annual revenue $37.2M Latest available
Total funding - 2 rounds
Employees 837 Tracked headcount
Investors 3 Known backers
Products 3 Services tracked
Competitors 8 Brand Intelligence

About Benchmark Genetics

Benchmark Genetics is a company based in Bergen (Norway) founded in 2000 was acquired by Novo Holdings in November 2024. The company has 837 employees as of September 30, 2022. Benchmark Genetics offers products and services including Salmon Ova, Shrimp Genetics, and Genetic Services. Benchmark Genetics operates in a competitive market with competitors including Pairwise, Inari, Ceres, Limagrain and Hi Fidelity Genetics, among others.

  • Headquarter Bergen, Norway
  • Employees 837 as on 30 Sep, 2022
  • Sectors
    Agriculture
  • Phone
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  • Website
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  • Social
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  • Legal Name Benchmark Genetics Norway As
Operational Areas
Agriculture → Aquaculture & Fisheries Unlock Sub-Sector Unlock Segment
Agriculture → Agricultural Technology & Innovation Unlock Sub-Sector Unlock Segment
Agriculture → Livestock & Animal Nutrition Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $37.16 M (USD)
    22
    as on Dec 31, 2022
  • Net Profit
    $3.35 M (USD)
    106
    as on Dec 31, 2022
  • EBITDA
    $3.93 M (USD)
    121
    as on Dec 31, 2022
  • Latest Funding Round
    $1.88 M (USD), Grant

    Jan 20, 2026

  • Investors
  • Employee Count
    837

    as on Sep 30, 2022

  • Acquired by
    Novo Holdings

    (Nov 25, 2024)

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Products & Services of Benchmark Genetics

Benchmark Genetics offers a comprehensive portfolio of products and services, including Salmon Ova, Shrimp Genetics, and Genetic Services.

Product name locked
Category locked
Primary

Provides ova for salmon breeding and production.

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Offers genetics for improving shrimp farming resilience.

Product name locked
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Delivers genotyping and breeding advice for aquaculture.

Funding Insights of Benchmark Genetics

Investors in Benchmark Genetics

Benchmark Genetics has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include European Union, Novo Holdings and UK Research and Innovation.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Private equity and venture capital fund focused on the healthcare sector
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Investor details for Benchmark Genetics

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Investments & Acquisitions by Benchmark Genetics

Investments
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Investment portfolio details for Benchmark Genetics

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Financial Statements - Benchmark Genetics

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Detailed financials for Benchmark Genetics

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Benchmark Genetics Comparisons

Benchmark Genetics Primary company
Description
Genetic breeding services for aquaculture species are provid...
Location
Bergen, Norway
Founded Year
2000
Annual Revenue
$37.16 M (USD)
Net Profit
$3.35 M (USD)
EBITDA
$3.93 M (USD)
Employees
837
As of 2022
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Peer comparison for Benchmark Genetics

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Competitors of Benchmark Genetics

Benchmark Genetics operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Pairwise, Inari, Ceres, Limagrain and Hi Fidelity Genetics, among others.

Company Name Domain Founded year HQ Location Description
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New crop varieties are developed using gene-editing for agrigenomics.
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Breeding technology is provided by Inari to design seeds.
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Beers are produced and branded by Ceres in Italy.
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Production and distribution of GM and non-GMO seeds and other farm inputs
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Developer of a predictive breeding platform to identify crop traits and build crop models
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Provider of genetic breeding services for livestock producers
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Detailed competitors of Benchmark Genetics

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Latest news on Benchmark Genetics

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Frequently Asked Questions about Benchmark Genetics

Benchmark Genetics was founded in 2000 and raised its 1st funding round 18 years after it was founded.

Benchmark Genetics is headquartered in Bergen, Norway. It is registered at Bergen, Vestland, Norway.

As of Sep 30, 2022, the latest employee count at Benchmark Genetics is 837.

Annual revenue of Benchmark Genetics is $37.16M as on Dec 31, 2022.

Benchmark Genetics was established in 2000 in Bergen, Norway. Operations focus on the aquaculture sector, where genetic breeding services are delivered for various species. Expertise in selective breeding and genetic improvement is applied to enhance production traits. Services include broodstock development and supply chain support, primarily serving global aquaculture markets from the Norwegian base.

Benchmark Genetics's top competitors include Inari, Pairwise and Vytelle.

Benchmark Genetics offers Salmon Ova, Shrimp Genetics, and Genetic Services.

Benchmark Genetics has 3 investors. Key investors include European Union, Novo Holdings, and UK Research and Innovation.

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