About Genomar Genetics
Genomar Genetics is a company based in Oslo (Norway) founded in 1996 was acquired by Earth Water Group in March 2017.. Genomar Genetics has raised $2.34 million across 2 funding rounds from investors including Norfund, Earth Water Group and Norwegian Research Council. Genomar Genetics offers products and services including Tilapia Fingerlings and Breeding Programs. Genomar Genetics operates in a competitive market with competitors including AquaBounty, Regional Fish, Benchmark Genetics, Xelect and VeroBlue Farms, among others.
- Headquarter Oslo, Norway
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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 Genomar Genetics As
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.34 M (USD)
in 2 rounds
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Latest Funding Round
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Investors
Norfund
& 2 more
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Employee Count
Employee Count
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Acquired by
Earth Water Group
(Mar 01, 2017)
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Products & Services of Genomar Genetics
Genomar Genetics offers a comprehensive portfolio of products and services, including Tilapia Fingerlings and Breeding Programs. 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.
Genetically enhanced fingerlings for faster growth and higher survival in farming.
Research-based programs to improve tilapia traits for sustainable production.
Funding Insights of Genomar Genetics
Genomar Genetics has successfully raised a total of $2.34M across 2 strategic funding rounds. 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 Last Round
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First Round
First Round
(01 Jun 2000)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2025 | Amount | Grant - Genomar Genetics | Valuation |
investors |
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| Jun, 2000 | Amount | Series A - Genomar Genetics | 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 Genomar Genetics
Genomar Genetics has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Norfund, Earth Water Group and Norwegian Research Council. 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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It invests in developing countries to create jobs and improve lives
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Integrated solutions for wastewater management and treatments are provided.
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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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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Genomar Genetics
| 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 - Genomar Genetics
| 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 |
Genomar Genetics Comparisons
Competitors of Genomar Genetics
Genomar 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 AquaBounty, Regional Fish, Benchmark Genetics, Xelect and VeroBlue Farms, 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 |
Hybrid salmon, trout, and tilapia are produced in aquaculture operations.
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| domain | founded_year | HQ Location |
Tech-based breeding solutions for fishes
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| domain | founded_year | HQ Location |
Genetic breeding services for aquaculture species are provided.
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| domain | founded_year | HQ Location |
Genetic breeding for seafood products is conducted by Xelect.
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| domain | founded_year | HQ Location |
Barramundi fish is bred and harvested inland using aquaculture tanks.
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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 Genomar Genetics
Frequently Asked Questions about Genomar Genetics
When was Genomar Genetics founded?
Genomar Genetics was founded in 1996 and raised its 1st funding round 4 years after it was founded.
Where is Genomar Genetics located?
Genomar Genetics is headquartered in Oslo, Norway. It is registered at Oslo, Oslo, Norway.
Is Genomar Genetics a funded company?
Genomar Genetics is a funded company, having raised a total of $2.34M across 2 funding rounds to date. The company's 1st funding round was a Series A of $2.34M, raised on Jun 01, 2000.
What does Genomar Genetics do?
Genomar Genetics was founded in 1996 in Oslo, Norway, and operates within the aquaculture sector. Breeding technologies for tilapia fish are developed and supplied, alongside broodstock and fingerlings. Two key breeds are offered: GST PRO, created through inbreeding of various fish populations via long-term programs, and GST Yield, produced using marker-assisted selection. Genetically improved Oniloticus fingerlings are also provided for direct pond stocking by farmers.
Who are the top competitors of Genomar Genetics?
Genomar Genetics's top competitors include AquaBounty, Benchmark Genetics and Regional Fish.
What products or services does Genomar Genetics offer?
Genomar Genetics offers Tilapia Fingerlings and Breeding Programs.
Who are Genomar Genetics's investors?
Genomar Genetics has 3 investors. Key investors include Norfund, Earth Water Group, and Norwegian Research Council.