About Beneficial Insectary
Beneficial Insectary is a company based in Redding (United States) founded in 1986 by Sinthya Penn was acquired by Biobest Group in December 2020.. Beneficial Insectary has completed 1 acquisition, including Sierra Biological. Beneficial Insectary offers products and services including APHIDIUSforce™ C, AMBLYforce™ A, PERSIMILISforce™, TRICHOforce™ Mix, and NEMAforce™ SF. Beneficial Insectary operates in a competitive market with competitors including Oxitec, Bee Vectoring Tech, BioPhero, Phyllom BioProducts and Agrobio, among others.
- Headquarter Redding, United States
- Founders Sinthya Penn
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Sectors
Agriculture
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Email
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Phone
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Website
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Social
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- Legal Name Beneficial Insectary Inc
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$91.1 K (USD), Grant
Aug 01, 2019
- Investors
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Employee Count
Employee Count
- Investments & Acquisitions
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Acquired by
Biobest Group
(Dec 01, 2020)
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Products & Services of Beneficial Insectary
Beneficial Insectary offers a comprehensive portfolio of products and services, including APHIDIUSforce™ C, AMBLYforce™ A, PERSIMILISforce™, TRICHOforce™ Mix, and NEMAforce™ SF. 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.
Controls aphids using beneficial wasps for crop protection.
Targets mites with predatory insects in agricultural settings.
Manages spider mites through biological predators.
Fights caterpillars and moths with parasitic insects.
Addresses soil pests using nematodes for plant health.
Funding Insights of Beneficial Insectary
- Total Funding Total Funding
- Total Rounds 1
- Last Round Grant — $91,102
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First Round
First Round
(01 Aug 2019)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Aug, 2019 | Amount | Grant - Beneficial Insectary | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Beneficial Insectary
Beneficial Insectary has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include United States Department of Agriculture and Biobest Group. 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 |
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Leadership is provided on agriculture, food, and rural development matters.
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Biocontrol solutions for pests, diseases, and natural pollination are offered.
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Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Beneficial Insectary
Beneficial Insectary has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Sierra Biological. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Nematode-based pest control solutions are provided for farmers.
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2013 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Beneficial Insectary
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Beneficial Insectary Comparisons
Competitors of Beneficial Insectary
Beneficial Insectary 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 Oxitec, Bee Vectoring Tech, BioPhero, Phyllom BioProducts and Agrobio, 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 |
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| domain | founded_year | HQ Location |
Genetically modified insects are developed to suppress pest populations.
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| domain | founded_year | HQ Location |
Bee vectoring technology is developed for organic plant protection.
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| domain | founded_year | HQ Location |
Insect pheromones for pest management are produced and supplied.
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| domain | founded_year | HQ Location |
Producer and supplier of biological pest control agents
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| domain | founded_year | HQ Location |
Agrobio is engaged in biological pest control and pollination.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Beneficial Insectary
When was Beneficial Insectary founded?
Beneficial Insectary was founded in 1986 and raised its 1st funding round 33 years after it was founded.
Where is Beneficial Insectary located?
Beneficial Insectary is headquartered in Redding, United States. It is registered at Redding, California, United States.
What does Beneficial Insectary do?
Beneficial Insectary was founded in 1986 in Redding, United States, and operates in the agricultural and horticultural sectors. Mass production of various insect and mite species is carried out for integrated pest management, serving as alternatives to chemical pesticides. Technical support and customer service are provided to facilitate effective solutions. Science-based methods are employed in production facilities to ensure product quality and live delivery guarantees.
Who are the top competitors of Beneficial Insectary?
Beneficial Insectary's top competitors include Oxitec, Bee Vectoring Tech and BioPhero.
What products or services does Beneficial Insectary offer?
Beneficial Insectary offers APHIDIUSforce™ C, AMBLYforce™ A, PERSIMILISforce™, TRICHOforce™ Mix, and NEMAforce™ SF.
How many acquisitions has Beneficial Insectary made?
Beneficial Insectary has made 1 acquisition, including Sierra Biological.
Who are Beneficial Insectary's investors?
Beneficial Insectary has 2 investors. Key investors include United States Department of Agriculture, and Biobest Group.