Oxitec

Abingdon, United Kingdom Founded: 2002 • Age: 24 yrs Acquired By Precigen
Genetically modified insects are developed to suppress pest populations.

About Oxitec

Oxitec is a company based in Abingdon (United Kingdom) founded in 2002 was acquired by Precigen in August 2015. Oxitec has raised $26.43 million across 10 funding rounds from investors including Gates Foundation, Precigen and Wellcome. The company has 78 employees. Oxitec offers products and services including Friendlyâ„¢ Aedes Program, Friendlyâ„¢ Fall Armyworm, Friendlyâ„¢ Cattle Tick, Friendlyâ„¢ Soybean Looper, and Friendlyâ„¢ Mediterranean Fruit Fly. Oxitec operates in a competitive market with competitors including BioPhero, Bee Vectoring Tech, Beneficial Insectary, Agrobio and Phyllom BioProducts, among others.

  • Headquarter Abingdon, United Kingdom
  • Employees 78
  • Sectors
    Agriculture
  • Email
    ••••••••
  • Phone
    •••• ••••
  • Website oxitec.com
  • Social LinkedIn X Facebook Instagram
  • Acquired by Precigen (Aug 2015)
  • Legal Name Oxitec Limited
  • Date of Incorporation 15 Aug, 2002
  • Jurisdiction ABINGDON, OXFORDSHIRE, ENGLAND
Key Metrics
  • Annual Revenue
    $1.55 M (USD)
    315
    as on Dec 31, 2016
  • Net Profit
    -$7.65 M (USD)
    17
    as on Dec 31, 2016
  • Total Equity Funding
    $26.43M (USD)

    in 10 rounds

  • Latest Funding Round
    $18M (USD), Grant

    Apr 2022

  • Investors
  • Employee Count
    78
  • Acquired by
    Precigen

    (Aug 2015)

Products & Services of Oxitec

Oxitec offers a comprehensive portfolio of products and services, including Friendly™ Aedes Program, Friendly™ Fall Armyworm, Friendly™ Cattle Tick, Friendly™ Soybean Looper, and Friendly™ Mediterranean Fruit Fly.

Friendly™ Aedes Program
Public Health Solution

Biological method to control Aedes mosquitoes transmitting diseases like dengue.

Friendly™ Fall Armyworm
Agricultural Solution

Technology to manage fall armyworm pests damaging global crops.

Friendly™ Cattle Tick
Livestock Protection

Solution for controlling ticks that harm livestock and spread diseases.

Friendly™ Soybean Looper
Crop Protection

Program to reduce soybean looper pests affecting agricultural yields.

Friendly™ Mediterranean Fruit Fly
Fruit Crop Solution

Biological control for fruit flies impacting orchards and food production.

Funding Insights of Oxitec

Oxitec has successfully raised a total of $26.43M across 10 strategic funding rounds. The most recent funding activity was a Grant round of $18 million completed in April 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 $26.43M
  • Total Rounds 10
  • Last Round Grant — $18M
  • First Round $2.27M

    (Jun 2002)

  • Investors Count 5

All 10 funding rounds of Oxitec with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Apr 2022$18MGrant––
Apr 2021$6.8MSeries B–Wellcome
–
Sep 2015$171,830Grant––
–
Jun 2015$373,721Grant––
–
Jun 2014$10MSeries B–Oxford Capital
Dec 2009$2.58MSeries A––
–
Nov 2007$2.05MSeed–Oxford Capital
–
Oct 2007$757,802Seed–East Hill Management Company
–
Jun 2005$1.97MSeed––
Jun 2002$2.27MSeed––
Valuation history

6 investors in total: 6 institutional.

Investors in Oxitec

Oxitec has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Gates Foundation, Precigen and Wellcome.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Early-stage venture capital is invested in UK technology sectors.
–oxcp.comOxford, United Kingdom
-
–easthillmgt.com-
Charitable foundation investments on poverty reduction and healthcare
2000gatesfoundation.orgSeattle, United States
Health research and advocacy are funded globally by the foundation.
1936wellcome.orgLondon, United Kingdom
-
–Oxford University-
Gene and cell therapy biopharmaceutical company focused on immuno-oncology, autoimmune, and infectious diseases
1998precigen.comGermantown, United States
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Investor details for Oxitec

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  • Round participation
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People of Oxitec

32 people are tracked at Oxitec (11 in leadership, 21 in team); the tracked headcount is 78.

NameRoleGroup
Grey Frandsen
CEOLeadership
Sian Spinner
Head Of ResearchLeadership
Eva Darrington
Chief Financial OfficerLeadership
Kelly Matzen
Chief Technology OfficerLeadership
Zoe Barnes
Head Of Public Health Product DevelopmentLeadership
Maxine Mitchell
Global Human Resources DirectorLeadership
Dawn Muddyman
Global Director, Technology Program Management (pmo)Leadership
Mayur Yadav
Head Of Data ManagementLeadership
Kevin Coutts Fca
Chief Financial OfficerLeadership
Lucy Townsend
Global People DirectorLeadership
Neil Morrison
Chief Strategy OfficerLeadership
Verity Holby
Senior ScientistTeam
Thomas Mabey
Group LeadTeam
Matilda Hewitt
Group LeadTeam
Scott James Gourlay
ScientistTeam
Leigh Thomas
Research ScientistTeam
Simone Pires
Finance ManagerTeam
Helen Wharton-Smith
Finance And Facilities AssistantTeam
Charmaine Theron
Research Scientist: Field DeploymentTeam
Tim Greenlaw
Financial AccountantTeam

12 more people are available in the full profile.

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Complete people profiles for Oxitec

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Timeline of Oxitec

4 dated milestones of Oxitec across 20 years, from founding to its latest funding, stage changes and deals.

  1. Founded Oxitec is founded.
  2. Funding First funding round of $2.3M.
  3. Exit Acquired by Precigen.
  4. Funding Latest funding round, Grant, of $18.0M.

Competitors of Oxitec

Oxitec 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 BioPhero, Bee Vectoring Tech, Beneficial Insectary, Agrobio and Phyllom BioProducts, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
biophero.com2018Copenhagen, Denmark$21.75M14
Insect pheromones for pest management are produced and supplied.
beevt.com2011Mississauga, Canada––
Bee vectoring technology is developed for organic plant protection.
insectary.com1986Redding, United States–69
Beneficial insects and mites are mass-produced for agricultural pest control.
agrobio.es1995La Mojonera, Spain––
Agrobio is engaged in biological pest control and pollination.
phyllombioproducts.com2012Oakland, United States$550,000–
Producer and supplier of biological pest control agents
cropdefenders.ca2007Leamington, Canada––
Develops beneficial insects and biopesticides for sustainable agriculture.
entomos.com1993Gainesville, United States$1M–
Specializes in using insects for effective pest control services.
saferbrand.com2001Lititz, United States–513
Manufactures and markets organic gardening products.
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Detailed competitors of Oxitec

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  • Full competitor set
  • Operating metrics
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Web traffic of Oxitec

The website of Oxitec (oxitec.com) receives about 13.2K visits a month.

  • Monthly visits
    13.2K

    ▲ 7.4% vs previous month

Similar websites

Websites whose visitors overlap most with Oxitec. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
hardydiagnostics.com
100%
–#583,854View details
eliminatedengue.com
eliminatedengue.com
95%
–––
biochem.northwestern.edu
biochem.northwestern.edu
93%
–––
fie.org.uk
57%
19.6K#1,269,433View details
ucalgary.ca
57%
5.2M#10,429View details
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
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All 7 similar websites and full traffic analytics for Oxitec

The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.

  • 7 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

Latest news on Oxitec

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Complete news archive for Oxitec

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Similar companies to Oxitec

10 companies that operate in the same segment as Oxitec (Crop Tech & Equipment), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Provider of climate-smart deeptech solutions for renewable energy and sustainable agriculture
2010Pune, Maharashtra, IndiaUSD 76.38 MUSD 56.11 M702
Cannabis products are provided to support consumer wellness and health.
2013Smiths Falls, Ontario, Canada–USD 204.24 M960
Provider of plant-based food ingredients
2012St. Louis, Missouri, United StatesUSD 406.99 MUSD 470 M–
Robotic equipment for automating weeding on vegetable farms is developed.
2016San Francisco, California, United StatesUSD 139.96 M–73
Provider of farmers networking platform
2014San Carlos, California, United StatesUSD 983.39 M––
Manufacturer and distributor of irrigation equipment
1963Jalgaon, Maharashtra, India–USD 679.04 M12,280
AgroStar is engaged in providing agricultural products and solutions.
2013Pune, Maharashtra, IndiaUSD 208.82 MUSD 31.86 M1,249
Crop protection solutions and hybrid seeds are provided for farming.
2000Basel, Basel-stadt, Switzerland–––
SaaS-based B2B solutions for food supply chains are provided.
2015Gurugram, Haryana, IndiaUSD 51.11 MUSD 124.42 M373
DeHaat is recognized as an online marketplace for farmers.
2012Patna, Bihar, IndiaUSD 223.57 MUSD 240.09 M2,011
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Frequently Asked Questions about Oxitec

Oxitec was founded in 2002.

Oxitec is headquartered in Abingdon, United Kingdom. It is registered at Abingdon, Oxfordshire, United Kingdom.

Grey Frandsen is the current CEO of Oxitec.

Oxitec is a funded company, having raised a total of $26.43M across 10 funding rounds to date. The company's 1st funding round was a Seed of $2.27M, raised on Jun 2002.

Oxitec has 78 employees.

Annual revenue of Oxitec is $1.55M as on Dec 31, 2016.

Oxitec was founded in 2002 in Abingdon, United Kingdom, and operates in the biotechnology sector. Genetically modified insects are created by the company to reduce pest populations through targeted releases. Services are provided primarily to governments in developing countries, with a business model based on recurring payments for periodic insect deployments. Operations focus on sustainable pest control methods without broad environmental impacts.

Oxitec's top competitors include Bee Vectoring Tech, BioPhero and Beneficial Insectary.

Oxitec offers Friendlyâ„¢ Aedes Program, Friendlyâ„¢ Fall Armyworm, Friendlyâ„¢ Cattle Tick, Friendlyâ„¢ Soybean Looper, and Friendlyâ„¢ Mediterranean Fruit Fly.

Oxitec has 6 investors. Key investors include Gates Foundation, Precigen, Wellcome, Oxford Capital, and East Hill Management Company.

Oxitec operates through Oxitec Limited.

Yes. Oxitec was acquired by Precigen in August 2015.

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