About Groundwork BioAg
Groundwork BioAg is a company based in Mazor (Israel) founded in 2014.. Groundwork BioAg has raised $29 million across 3 funding rounds from investors including Boston Scientific, BASF and BPD Advertising. Groundwork BioAg offers products and services including Rootella, Rootella Carbon, Rootella X, and Rootella L. Groundwork BioAg operates in a competitive market with competitors including Ginkgo Bioworks, Kula Bio, Pivot Bio, Pluton Biosciences and BioConsortia, among others.
- Headquarter Mazor, Israel
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Sectors
Chemicals & MaterialsAgriculture
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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
$29 M (USD)
in 3 rounds
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Latest Funding Round
$18 M (USD), Series B
Aug 18, 2022
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Investors
Boston Scientific
& 13 more
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Employee Count
Employee Count
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Products & Services of Groundwork BioAg
Groundwork BioAg offers a comprehensive portfolio of products and services, including Rootella, Rootella Carbon, Rootella X, and Rootella L. 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.
Inoculant that improves soil health and boosts crop yields
Program enabling farmers to earn credits through carbon removal
Variant for treating large areas to enhance plant resilience
Liquid form for easy application in farming protocols
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Funding Insights of Groundwork BioAg
Groundwork BioAg has successfully raised a total of $29M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $18 million completed in August 2022. 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 Series B — $18.0M
- First Round First Round
- Investors Count 14
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2022 | Amount | Series B - Groundwork BioAg | Valuation | Climate Innovation Capital | |
| May, 2021 | Amount | Series B - Groundwork BioAg | Valuation | Ibex Investors | |
| Sep, 2015 | Amount | Series B - Groundwork BioAg | Valuation | Israel Cleantech Ventures , Middleland Capital |
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| 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 Groundwork BioAg
Groundwork BioAg has secured backing from 14 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Boston Scientific, BASF and BPD Advertising. 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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Investments are directed toward early-stage startups by Ibex Investors.
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Founded Year | Domain | Location | |
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Foodtech and agtech sectors are invested in by Middleland Capital.
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Founded Year | Domain | Location | |
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Tech startups are funded by MoreVC, a venture capital firm.
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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 Groundwork BioAg
| 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 - Groundwork BioAg
| 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 |
Groundwork Bioag Comparisons
Competitors of Groundwork BioAg
Groundwork BioAg 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, Kula Bio, Pivot Bio, Pluton Biosciences and BioConsortia, 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 |
Manufacturer of microbial crop nutrition products
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| domain | founded_year | HQ Location |
Nitrogen-fixing microbes for corn crop nutrition are developed and applied.
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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 |
Microbial biotech solutions for enhancing crop yields are developed.
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| domain | founded_year | HQ Location |
Crop inputs are supplied using beneficial plant bacteria for agriculture.
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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 Groundwork Bioag
Frequently Asked Questions about Groundwork BioAg
When was Groundwork BioAg founded?
Groundwork BioAg was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Where is Groundwork BioAg located?
Groundwork BioAg is headquartered in Mazor, Israel. It is registered at Mazor, Central District, Israel.
Is Groundwork BioAg a funded company?
Groundwork BioAg is a funded company, having raised a total of $29M across 3 funding rounds to date.
What does Groundwork BioAg do?
Groundwork BioAg was founded in 2014 in Mazor, Israel, within the agricultural biotechnology sector. Microbe-based products for crop nutrition are developed, focusing on mycorrhizal fungi that establish symbiotic relationships with plants. Root systems are extended through these fungi, facilitating improved absorption of water and nutrients from soil. Operations center on providing these solutions to support agricultural practices in various geographies.
Who are the top competitors of Groundwork BioAg?
Groundwork BioAg's top competitors include Ginkgo Bioworks, Pivot Bio and Kula Bio.
What products or services does Groundwork BioAg offer?
Groundwork BioAg offers Rootella, Rootella Carbon, Rootella X, and Rootella L.
Who are Groundwork BioAg's investors?
Groundwork BioAg has 14 investors. Key investors include Boston Scientific, BASF, BPD Advertising, Prodelta, and Ibex Investors.