About CroBio
CroBio is a company based in Wilmington (United States) founded in 2019 by Ross Mulhall and Wayne Mulhall.. CroBio has raised $1.55 million across 2 funding rounds from investors including Biorenewables Development Centre, Grantham Foundation and SOSV. CroBio offers products and services including Living Soil Amendment. CroBio operates in a competitive market with competitors including Ginkgo Bioworks, Pluton Biosciences, Andes, AgroSpheres and Phagelux, among others.
- Headquarter Wilmington, United States
- Founders Ross Mulhall, Wayne Mulhall
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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 Crobio Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.55 M (USD)
in 2 rounds
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Latest Funding Round
$835.5 K (USD), Grant
Feb 07, 2025
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Investors
Biorenewables Development Centre
& 4 more
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Employee Count
Employee Count
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Products & Services of CroBio
CroBio offers a comprehensive portfolio of products and services, including Living Soil Amendment. 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.
Microbes that enhance water retention and nutrient delivery for drought-resistant crops.
Funding Insights of CroBio
CroBio has successfully raised a total of $1.55M across 2 strategic funding rounds. The most recent funding activity was a Grant round of $835.5 thousand completed in February 2025. 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 2
- Last Round Grant — $835,501
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First Round
First Round
(30 Apr 2024)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2025 | Amount | Grant - CroBio | Valuation |
investors |
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| Apr, 2024 | Amount | Seed - CroBio | Valuation | Grantham Foundation |
| 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 CroBio
CroBio has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Biorenewables Development Centre, Grantham Foundation and SOSV. 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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Venture capital and accelerator services are provided across multiple sectors.
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Investment solutions are provided by Catapult Ventures for growth.
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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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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 CroBio
| 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 - CroBio
| 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 |
Crobio Comparisons
Competitors of CroBio
CroBio 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 Ginkgo Bioworks, Pluton Biosciences, Andes, AgroSpheres and Phagelux, 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 |
Gene editing-based cultured ingredients are provided for agriculture.
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| domain | founded_year | HQ Location |
Assay-based microbial research services are offered for industrial applications.
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| domain | founded_year | HQ Location |
Microbe-based solutions for soil regeneration with seeds are provided.
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| domain | founded_year | HQ Location |
Manufacturer and supplier of biological agrochemicals
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| domain | founded_year | HQ Location |
Phage products for agriculture and health are developed and supplied.
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| domain | founded_year | HQ Location |
Provider of microbes-based soil remediation solutions for farmers and home growers
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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 Crobio
Frequently Asked Questions about CroBio
When was CroBio founded?
CroBio was founded in 2019 and raised its 1st funding round 5 years after it was founded.
Where is CroBio located?
CroBio is headquartered in Wilmington, United States. It is registered at Wilmington, Delaware, United States.
Who is the current CEO of CroBio?
Wayne Mulhall is the current CEO of CroBio. They have also founded this company.
Is CroBio a funded company?
CroBio is a funded company, having raised a total of $1.55M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.55M, raised on Apr 30, 2024.
What does CroBio do?
CroBio was founded in 2019 and is based in Wilmington, United States. Digital solutions for agriculture are developed by the company, focusing on soil bacteria to address declines in soil health and drought effects. Operations involve creating biodiverse soil environments through these microbial approaches. Services target agricultural sectors, supporting sustainable practices in soil management across relevant geographies.
Who are the top competitors of CroBio?
CroBio's top competitors include Ginkgo Bioworks, AgroSpheres and Kan biosys.
What products or services does CroBio offer?
CroBio offers Living Soil Amendment.
Who are CroBio's investors?
CroBio has 5 investors. Key investors include Biorenewables Development Centre, Grantham Foundation, SOSV, Ponderosa Ventures, and Catapult Ventures.