Agrivida
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | $2.0m | Grant | |
N/A | $2.0m | Early VC | |
$15.0m | Series C | ||
N/A | $1.2m | Debt | |
$12.3m | Series D | ||
$10.7m | Series D | ||
$20.4m | Series E | ||
N/A | Debt | ||
$8.0m | Late VC | ||
* | $69.5m | Acquisition | |
Total Funding | €70.0m |
Recent News about Agrivida
EditAgrivida is a biotechnology startup focused on revolutionizing the animal feed industry through innovative enzyme solutions. Founded by scientists from MIT, the company operates in the animal health and nutrition market, targeting livestock producers who need efficient, sustainable, and cost-effective feed solutions. Agrivida's flagship product, GRAINZYME Phytase, is a breakthrough enzyme technology that grows feed enzymes directly inside grains of corn. This innovation provides livestock with essential dietary enzymes, improving their health and dietary performance while also being environmentally sustainable.
Agrivida's business model is centered around the development and commercialization of enzyme products. The company partners with corn growers and feed mills to integrate GRAINZYME enzymes into animal feed. By doing so, Agrivida creates a new revenue stream from the sale of these enhanced grains. The company also benefits from long-term contracts and partnerships with livestock producers who seek to improve their production efficiency and reduce costs.
Agrivida makes money by selling its enzyme-enhanced grains to feed mills at a premium price. This premium is justified by the improved feed efficiency and health benefits that GRAINZYME enzymes provide to livestock. Additionally, the company is poised to expand its product pipeline, introducing new enzyme solutions that will further enhance animal nutrition and health.
Investors are particularly interested in Agrivida due to its potential for high returns on investment. As the global population grows, the demand for efficient production of meat, eggs, and milk will increase, making Agrivida's solutions increasingly valuable. The company's technology platform promises long-term innovations that could significantly impact the animal health and nutrition industry.
Keywords: Biotechnology, Enzyme Solutions, Animal Feed, Livestock, GRAINZYME, Sustainable, Cost-effective, Nutrition, Innovation, MIT Scientists.