When was BENANOVA founded?

BENANOVA was founded in 2013 and raised its 1st funding round 12 years after it was founded.

Where is BENANOVA located?

BENANOVA is headquartered in Cary, United States.

Is BENANOVA a funded company?

BENANOVA is a funded company, having raised a total of $***** in its 1st and only funding round, a Grant (prize money) round on Jan 28, 2025.

When was the latest funding round of BENANOVA?

BENANOVA's latest funding was a $***** Grant (prize money) round on Jan 28, 2025, with participation from 1 investor. Its primary sector is Chemicals Tech. In United States, the Chemicals Tech sector has seen $187M in funding in 2026 to date.

Where does BENANOVA rank among its competitors?

BENANOVA ranks 12th amongst 12 active competitors, of which 3 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Lignin, which secured an undisclosed amount in May, 2025.

Who are the top competitors of BENANOVA?

BENANOVA's top competitors include Lignin, Lignopure and Lignovations. Among them, Lignin secured the most recent funding round in May, 2025.

BENANOVA - 2026 Company Profile, Funding & Competitors

Company Details

Developer of biodegradable materials derived from lignin for agriculture and textile. The company's materials are based on lignin, a biodegradable and bio-renewable resource. These materials support sustainable agriculture and specialty textiles. This enables clients to reduce environmental impact while maintaining performance in agricultural and textile applications.

Key Metrics

Founded Year

2013

Location

Cary, United States

Stage

Funding Raised

Latest Funding Round

Grant (prize money), Jan 28, 2025, $*****

Investors

United States Department of Agriculture

Ranked

12^th among 12 active competitors

Similar Companies

Lignin & 10 more

View BENANOVA's full profile

BENANOVA has raised funding over 1 round. Its latest funding round was a Grant (prize money) round on Jan 28, 2025 for $*****. 1 investor participated in its latest round. BENANOVA has 1 institutional investor.

Here is the list of recent funding rounds of BENANOVA:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 28, 2025	3941637	Grant (prize money)	9758200	2160665	1794193	9089675

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Top competitors of BENANOVA include Lignin, Lignopure and Lignovations. Here is the list of Top 10 competitors of BENANOVA, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Lignin 2018, Knivsta (Sweden), Series A	Provider of fossil-based plastic and fiber solutions	$11.1M	Carrickfamily, Europa & 2 others	41/100
2nd	Lignopure 2019, Hamburg (Germany), Seed	Developer of lignin-based solutions for various industrial and life science applications	$5.28M	NBank Capital, HTGF & 3 others	37/100
3rd	Lignovations 2021, Polten (Austria), Seed	Manufacturer of lignin-based chemicals	$2.39M	Borregaard, Valnon Holding & 1 others	35/100
4th	Fibenol 2019, Tallinn (Estonia), Funding Raised	Manufacturer of biomaterials	-	Plug and Play Tech Center	34/100
5th	Ligninchina.com 2013, Unfunded	Home \| GREEN AGROCHEM-LIGNIN	-	-	24/100
6th	Pure Lignin Environmental Technology 2000, Kelowna (Canada), Unfunded	Technology developer to produce cellulose, pure lignin and sweet liquor	-	-	24/100
7th	Lignolix 2019, Newark (United States), Funding Raised	Manufacturer of specialty chemicals upcycled from plant lignin waste	-	Plug and Play Tech Center	22/100
8th	Tanovis 2017, Ruschlikon (Switzerland), Unfunded	Diversified conglomerate operating across multiple industries	-	-	21/100
9th	CH-Bioforce 2016, Espoo (Finland), Unfunded	Developer of biomass fractionation technology producing biomaterials from wood and non-wood	-	-	16/100
10th	CH-Bioforce 2016, Espoo (Finland), Unfunded	Developer of biomass fractionation technology producing biomaterials from wood and non-wood	-	-	16/100
12th	BENANOVA 2013, Cary (United States), Funding Raised	Developer of biodegradable materials derived from lignin for agriculture and textile	-	United States Department of Agriculture	15/100