About BioFlyTech
BioFlyTech is a company based in Alicante (Spain) founded in 2012 by Santos Rojo.. BioFlyTech has raised $18.58 million across 3 funding rounds from investors including European Union and Moira Capital Partners. BioFlyTech offers products and services including Harinas proteicas, Grasas funcionales, and Compost enriquecido. BioFlyTech operates in a competitive market with competitors including Protix, Beta Hatch, Grubbly Farms, Deep Branch and InnovaFeed, among others.
- Headquarter Alicante, Spain
- Founders Santos Rojo
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Sectors
ConsumerAgriculture
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Email
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$18.58 M (USD)
in 3 rounds
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Latest Funding Round
$228.08 K (USD), Grant
Oct 01, 2019
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Investors
European Union
& 1 more
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Employee Count
Employee Count
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Products & Services of BioFlyTech
BioFlyTech offers a comprehensive portfolio of products and services, including Harinas proteicas, Grasas funcionales, and Compost enriquecido. 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.
Insect-based high-protein meal for animal nutrition and digestibility.
Fats that enhance animal intestinal health and provide essential acids.
Biological compost improving soil structure and organic nutrient levels.
Funding Insights of BioFlyTech
BioFlyTech has successfully raised a total of $18.58M across 3 strategic funding rounds. The most recent funding activity was a Grant round of $228.08 thousand completed in October 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 Total Funding
- Total Rounds 3
- Last Round Grant — $228,081
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First Round
First Round
(01 Jul 2015)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2019 | Amount | Grant - BioFlyTech | Valuation |
investors |
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| Sep, 2018 | Amount | Series A - BioFlyTech | Valuation | Moira Capital Partners |
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| Jul, 2015 | Amount | Grant - BioFlyTech | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 BioFlyTech
BioFlyTech has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include European Union and Moira Capital Partners. 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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Direct investments in innovative companies are managed by Moira.
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Founded Year | Domain | Location | |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location |
| Investor | Description | 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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Founded Year | Domain | Location | |
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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 BioFlyTech
| 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 |
Financial Statements - BioFlyTech
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Bioflytech Comparisons
Competitors of BioFlyTech
BioFlyTech 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 Protix, Beta Hatch, Grubbly Farms, Deep Branch and InnovaFeed, 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 |
Provides insect-based feed for animals and plants to promote sustainable food systems.
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| domain | founded_year | HQ Location |
Integrated business for cultivation and processing of mealworm insects to supply poultry & aquaculture feed and an organic fertilizer
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| domain | founded_year | HQ Location |
Larvae are harvested for fertilizer production and animal feed.
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| domain | founded_year | HQ Location |
Sustainable protein is produced via gas fermentation for animal feed.
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| domain | founded_year | HQ Location |
Insect-based aquaculture feeds are developed from cultivated larvae.
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| domain | founded_year | HQ Location |
CO2 emissions are converted into single-cell proteins for aquaculture feed.
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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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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Bioflytech
Frequently Asked Questions about BioFlyTech
When was BioFlyTech founded?
BioFlyTech was founded in 2012 and raised its 1st funding round 3 years after it was founded.
Where is BioFlyTech located?
BioFlyTech is headquartered in Alicante, Spain. It is registered at Alicante, Comunidad Valenciana, Spain.
Who is the current CEO of BioFlyTech?
Santos Rojo is the current CEO of BioFlyTech. They have also founded this company.
Is BioFlyTech a funded company?
BioFlyTech is a funded company, having raised a total of $18.58M across 3 funding rounds to date. The company's 1st funding round was a Grant of $124.17K, raised on Jul 01, 2015.
What does BioFlyTech do?
BioFlyTech was founded in 2012 in Alicante, Spain, and operates in the agritech sector focused on insect farming. Soldier fly and other Dipteran insects are bred artificially to produce biomass rich in essential amino acids, which serves as protein in animal feeds. Functional fats for gut health improvement and compost for organic fertilization are also provided. Proprietary larvae fattening techniques are utilized in production.
Who are the top competitors of BioFlyTech?
BioFlyTech's top competitors include InnovaFeed, Beta Hatch and Entobel.
What products or services does BioFlyTech offer?
BioFlyTech offers Harinas proteicas, Grasas funcionales, and Compost enriquecido.
Who are BioFlyTech's investors?
BioFlyTech has 2 investors. Key investors include European Union, and Moira Capital Partners.
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