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
*********
-
Website
*********
-
Social
*********
- Legal Name Benchmark Genetics Norway As
-
Annual Revenue
$37.16 M (USD)22as on Dec 31, 2022
-
Net Profit
$3.35 M (USD)106as on Dec 31, 2022
-
EBITDA
$3.93 M (USD)121as on Dec 31, 2022
-
Latest Funding Round
$239.49 K (USD), Grant
Nov 01, 2018
-
Investors
European Union
& 1 more
-
Employee Count
837
as on Sep 30, 2022
-
Acquired by
Novo Holdings
(Nov 25, 2024)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Benchmark Genetics
Benchmark Genetics offers a comprehensive portfolio of products and services, including Salmon Ova, Shrimp Genetics, and Genetic Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides ova for salmon breeding and production.
Offers genetics for improving shrimp farming resilience.
Delivers genotyping and breeding advice for aquaculture.
Funding Insights of Benchmark Genetics
- Total Funding Total Funding
- Total Rounds 1
- Last Round Grant — $239,489
-
First Round
First Round
(01 Nov 2018)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2018 | Amount | Grant - Benchmark Genetics | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Benchmark Genetics
Benchmark Genetics has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include European Union and Novo Holdings. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Private equity and venture capital fund focused on the healthcare sector
|
Founded Year | Domain | Location | |
|
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Benchmark Genetics
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Benchmark Genetics
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Benchmark Genetics Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
New crop varieties are developed using gene-editing for agrigenomics.
|
|
| domain | founded_year | HQ Location |
Breeding technology is provided by Inari to design seeds.
|
|
| domain | founded_year | HQ Location |
Beers are produced and branded by Ceres in Italy.
|
|
| domain | founded_year | HQ Location |
Production and distribution of GM and non-GMO seeds and other farm inputs
|
|
| domain | founded_year | HQ Location |
Developer of a predictive breeding platform to identify crop traits and build crop models
|
|
| domain | founded_year | HQ Location |
Provider of genetic breeding services for livestock producers
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Benchmark Genetics
Frequently Asked Questions about Benchmark Genetics
When was Benchmark Genetics founded?
Benchmark Genetics was founded in 2000 and raised its 1st funding round 18 years after it was founded.
Where is Benchmark Genetics located?
Benchmark Genetics is headquartered in Bergen, Norway. It is registered at Bergen, Vestland, Norway.
How many employees does Benchmark Genetics have?
As of Sep 30, 2022, the latest employee count at Benchmark Genetics is 837.
What is the annual revenue of Benchmark Genetics?
Annual revenue of Benchmark Genetics is $37.16M as on Dec 31, 2022.
What does Benchmark Genetics do?
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.
Who are the top competitors of Benchmark Genetics?
What products or services does Benchmark Genetics offer?
Benchmark Genetics offers Salmon Ova, Shrimp Genetics, and Genetic Services.
Who are Benchmark Genetics's investors?
Benchmark Genetics has 2 investors. Key investors include European Union, and Novo Holdings.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.