About Grass Root Biology
Grass Root Biology is an Agriculture company based in Durham (United States) founded in 2007, and was acquired by Monsanto in June 2013. Modular and packaged air-cooled and water-cooled chillers are manufactured. Its focus areas include Food and Agriculture, Crop Inputs, Agro Chemicals and Diversified. Its legal entity is Grassroots Biotechnology, Inc.
Company details
Grass Root Biology was founded in 2007 in Durham, United States, within the HVAC manufacturing sector. Modular and packaged chillers for air and water cooling are produced, incorporating oil-free compressors and variable-speed technology. Scalable capacity is supported through modular designs that facilitate installation with reduced disruption. Energy recovery, low refrigerant use, and quiet performance are included in the systems. Heating options and associated services are provided to clients.
- Headquarters Durham, United States
- Stage Acquired
- SectorsAgriculture
- Website grassrootsbio.com
- Social LinkedIn X
- Acquired by Monsanto (Jun 2013)
- Legal Name Grassroots Biotechnology, Inc.
- Latest Funding Round$367.71K (USD), Grant
Sep 2012
- Investors
- Acquired byMonsanto
(Jun 2013)
Funding Insights of Grass Root Biology
- Total Rounds 10
- Last Round Grant β $367,711
- First Round $400,000
(Jun 2007)
- Investors Count 3
All 10 funding rounds of Grass Root Biology with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2012 | $367,711 | Grant | β | β | |
| Jan 2010 | $1M | Grant | β | β | |
| Jan 2010 | $1M | Grant | β | β | |
| Jun 2009 | $200,000 | Grant | β | β | |
| Jun 2009 | $80,000 | Grant | β | β | |
| Jun 2009 | $500,000 | Grant | β | β | |
| Jul 2008 | $200,000 | Grant | β | β | |
| Jun 2008 | $75,000 | Grant | β | β | |
| Apr 2008 | $200,000 | Grant | β | β | |
| Jun 2007 | $400,000 | Grant | β | β |
4 investors in total: 4 institutional.
Investors in Grass Root Biology
Grass Root Biology has secured backing from 4 investors, including institutional investors. Prominent investors backing the company include United States Department of Agriculture, Monsanto and North Carolina Department of Commerce.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
A government-backed foundation providing seed-stage investments to support small businesses. | 1950 | nsf.gov | Arlington, United States | |
Leadership is provided on agriculture, food, and rural development matters. | 1862 | usda.gov | ||
Provider of variety of services for connecting businesses with the talent, infrastructure and incentives | 1971 | nccommerce.com | Raleigh, United States | |
Genetically modified seeds and biotechnology traits are developed for farmers. | 1901 | monsanto.com | St. Louis, United States |
Investor details for Grass Root Biology
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Grass Root Biology
4 dated milestones of Grass Root Biology across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Grass Root Biology is founded.
- Funding First funding round of $400K.
- Funding Latest funding round, Grant, of $368K.
- Exit Acquired by Monsanto.
Top companies in Crop Inputs & Fertilizers
3 companies that operate in the same segment as Grass Root Biology (Crop Inputs & Fertilizers) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Concentrated phosphate and potash fertilizers are produced and marketed. | 2004 | Plymouth, Massachusetts, United States | USD 12.05 B | 13,770 | ||
Nitrogen fertilizers are manufactured and distributed to agricultural customers. | 1946 | Deerfield, United States | USD 7.08 B | 2,800 | ||
Genetically modified seeds and biotechnology traits are developed for farmers. | 1901 | St. Louis, Missouri, United States | USD 14.64 B | 23,300 |
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Frequently Asked Questions about Grass Root Biology
Grass Root Biology was founded in 2007.
Grass Root Biology is headquartered in Durham, United States. It is registered at Durham, North Carolina, United States.
Grass Root Biology was founded in 2007 in Durham, United States, within the HVAC manufacturing sector. Modular and packaged chillers for air and water cooling are produced, incorporating oil-free compressors and variable-speed technology. Scalable capacity is supported through modular designs that facilitate installation with reduced disruption. Energy recovery, low refrigerant use, and quiet performance are included in the systems. Heating options and associated services are provided to clients.
Grass Root Biology has 4 investors. Key investors include United States Department of Agriculture, Monsanto, North Carolina Department of Commerce, and National Science Foundation.
Grass Root Biology operates through Grassroots Biotechnology, Inc..
Yes. Grass Root Biology was acquired by Monsanto in June 2013.
