BioConsortia, Inc. is an innovative agricultural technology company specializing in advanced microbial products designed to enhance crop yields and sustainability. Headquartered in Davis, California, this company was founded in 2014 by a team of seasoned agricultural scientists. BioConsortia has raised approximately $60.68 million in funding, drawing investments from notable entities like Khosla Ventures and Otter Capital. Under the leadership of CEO Marcus Meadows-Smith, the company focuses on microbial solutions that replace synthetic agricultural inputs, thereby reducing the environmental impact while boosting agricultural productivity.
Attribute | Information |
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Founding Date | 2014 |
Headquarters | 279 Cousteau Place, Davis, California, United States |
Founders | Founded by a team of agricultural scientists with Marcus Meadows-Smith as the current CEO |
Revenue | Not publicly disclosed |
Profits | Not publicly disclosed |
Key Investors | Khosla Ventures, Otter Capital, Plug and Play Japan, Square 1 Bank |
Industry | Agricultural Biotechnology |
Number of Employees | Approximately 80 (estimated from available data) |
BioConsortia's journey began in 2014 with the goal of transforming agricultural inputs through microbial science. The company utilizes a unique approach known as Advanced Microbial Selection (AMS), which involves systematically selecting and improving plant-associated microbial consortia to enhance crop traits. In its early years, BioConsortia focused on forming strategic partnerships with major seed and agricultural companies to leverage its microbial innovations. The company secured significant funding, including a $15 million Series B round in 2014, which bolstered its research capabilities and facilitated the development of its R&D facilities in Davis, California.
BioConsortia operates at the intersection of agricultural biotechnology and environmental sustainability, developing microbial solutions that aim to reduce reliance on chemical fertilizers and pesticides. Using their patented AMS process, they identify beneficial microbial communities that enhance nutrient uptake, control pests, and improve overall plant health.
Currently, BioConsortia is a leader in the field of microbial solutions for agriculture, known for its extensive R&D capabilities and strategic market expansions. The company's operations are primarily focused on the implementation of its microbial products through strategic partnerships and field trials extended globally, including the recent venture into Brazil. As a result, BioConsortia is positioned at the forefront of the agricultural biotech industry, offering viable alternatives to conventional chemical inputs.
BioConsortia, Inc. plays a pivotal role in reshaping agricultural practices by leveraging microbial sciences to enhance crop productivity sustainably. With a robust pipeline backed by substantial investments and a growing recognition in global markets, BioConsortia continues to innovate in nitrogen fixation and pest control, aiming to address modern agricultural challenges. The company is poised to significantly impact global food systems by offering eco-friendly alternatives that promote soil health and reduce ecological footprints.