About New West Genetics
New West Genetics is a company based in Fort Collins (United States) founded in 2014.. New West Genetics has raised $200 thousand across 4 funding rounds from investors including United States Department of Agriculture, The Yield Lab and healthwrc.com. The company has 4 employees as of December 31, 2021. New West Genetics offers products and services including ABOUND OP Varieties, AMPLIFY Hybrid Trait, and NWG-ELITE OP Varieties. New West Genetics operates in a competitive market with competitors including DNA Genetics, Dutch Passion, Dark Heart Nursery, Farmtiva and HempGro, among others.
- Headquarter Fort Collins, United States
- Employees 4 as on 31 Dec, 2021
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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 New West Genetics Llc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$200 K (USD)
in 4 rounds
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Latest Funding Round
$174.6 K (USD), Grant
Jul 01, 2024
- Investors
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Employee Count
4
as on Dec 31, 2021
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Products & Services of New West Genetics
New West Genetics offers a comprehensive portfolio of products and services, including ABOUND OP Varieties, AMPLIFY Hybrid Trait, and NWG-ELITE OP Varieties. 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.
Hemp seeds bred for high grain yield and multi-purpose use in agriculture.
Trait enhancing female plant ratios for increased grain yield and uniformity.
Premium hemp seeds designed for regional adaptation and enhanced sustainability.
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Funding Insights of New West Genetics
New West Genetics has successfully raised a total of $200K across 4 strategic funding rounds. The most recent funding activity was a Grant round of $174.6 thousand completed in July 2024. 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 4
- Last Round Grant — $174,600
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First Round
First Round
(08 Jun 2015)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2024 | Amount | Grant - New West Genetics | Valuation |
investors |
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| Sep, 2017 | Amount | Series A - New West Genetics | Valuation |
investors |
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| Aug, 2017 | Amount | Series A - New West 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 New West Genetics
New West Genetics has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include United States Department of Agriculture, The Yield Lab and healthwrc.com. 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 firm & accelerator focused on early-stage companies
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Founded Year | Domain | Location | |
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Leadership is provided on agriculture, food, and rural development matters.
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Founded Year | Domain | Location | |
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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 New West 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 - New West Genetics
| 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 |
New West Genetics Comparisons
Competitors of New West Genetics
New West 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 DNA Genetics, Dutch Passion, Dark Heart Nursery, Farmtiva and HempGro, 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 |
Cannabis seeds are produced and supplied by DNA Genetics.
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| domain | founded_year | HQ Location |
Sells cannabis seeds, merchandise, and breeding services online globally.
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| domain | founded_year | HQ Location |
Cannabis clones are produced and supplied to regional growers.
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| domain | founded_year | HQ Location |
CBD seeds and hybrids are offered via an online platform.
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| domain | founded_year | HQ Location |
Hemp seeds are produced and grower assistance is provided online.
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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 New West Genetics
Frequently Asked Questions about New West Genetics
When was New West Genetics founded?
New West Genetics was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Where is New West Genetics located?
New West Genetics is headquartered in Fort Collins, United States. It is registered at Fort Collins, Colorado, United States.
Is New West Genetics a funded company?
New West Genetics is a funded company, having raised a total of $200K across 4 funding rounds to date.
How many employees does New West Genetics have?
As of Dec 31, 2021, the latest employee count at New West Genetics is 4.
What does New West Genetics do?
Founded in 2014 and based in Fort Collins, United States, New West Genetics operates in the cannabis genetics sector. Hybrid seeds are developed using genome-assisted breeding technology for farmers. Product lines encompass cannabinoid-enhanced hemp flower, brewer hemp, and hemp seed varieties. Customized and genetically stable cannabis sativa options are also offered to meet specific agricultural needs.
Who are the top competitors of New West Genetics?
New West Genetics's top competitors include DNA Genetics, Farmtiva and Dark Heart Nursery.
What products or services does New West Genetics offer?
New West Genetics offers ABOUND OP Varieties, AMPLIFY Hybrid Trait, and NWG-ELITE OP Varieties.
Who are New West Genetics's investors?
New West Genetics has 3 investors. Key investors include United States Department of Agriculture, The Yield Lab, and healthwrc.com.