Biobest Group - About the company
Biobest Group is a late stage company based in Westerlo (Belgium), founded in 1987 by Roland De Jonghe. It operates as a Sustainable biological crop protection and pollination solutions for high-value crops. Biobest Group has raised $233M in funding from investors like M&G, Tikehau Capital and Merieux Equity Partners, with a current valuation of $*****. The company has 1225 active competitors, including 35 funded and 59 that have exited. Its top competitors include companies like Koppert, IPL Biologicals and Corteva Agriscience.
Company Details
Sustainable biological crop protection and pollination solutions for high-value crops. The company is dedicated to contributing to the global sustainable production of high-value crops. It offers a comprehensive range of solutions, including beneficial insects and mites, beneficial nematodes, pollination services, biopesticides, biostimulants, and high-tech Integrated Pest Management (IPM) strategies. These solutions encompass application, monitoring, scouting, feeding supplements, and supporting products. The company provides personal advice tailored to specific crops, empowering agriculture with IPM knowledge and practices, fostering a more sustainable future. It operates with an extensive network of subsidiaries and distributors, working with growers around the world at a local level. The company focuses on innovation and sustainability in the agricultural sector.
- Website
- biobestgroup.com
- Email ID
- *****@biobestgroup.com
- Phone Number
- +32 **********
- Registered Address
- Romulus, Michigan
Key Metrics
Founded Year
1987
Location
Westerlo, Belgium
Stage
Late Stage
Total Funding
$233M in 7 rounds
Latest Funding Round
Post Money Valuation
$***** as on Jan 29, 2024
Ranked
7th among 1225 active competitors
Annual Revenue
€50M - €100M as on Dec 31, 2023
Employee Count
375 as on May 31, 2026
Legal entities associated with Biobest Group
Biobest Group is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
BIOBEST USA INC. CIN: 980169655 , United States, Active | Dec 31, 1999 | - | 12 (As on Dec 31, 2021) | - |
Biobest Group NV CIN: 893948337 , Norway, Active | Dec 04, 2007 | €50M - €100M (As on Dec 31, 2023) | 250 (As on Dec 31, 2022) |
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Biobest Group's funding and investors
Biobest Group has raised a total funding of $233M over 7 rounds. Its first funding round was on Dec 01, 2016. Its latest funding round was a Unattributed round on Jan 03, 2024 for $*****. 1 investor participated in its latest round. Biobest Group has 7 institutional investors.
Here is the list of recent funding rounds of Biobest Group:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 03, 2024 | 5722453 | Unattributed | 5691561 | 9944949 | 5166538 | 2387040 |
Sep 22, 2023 | 6714816 | PE | 1243145 | 6627030 | 4763311 | |
Nov 01, 2022 | 7440713 | Grant (prize money) | 2466558 | 5516361 | 8575850 |
View details of Biobest Group's funding rounds and investors
Biobest Group's founders and board of directors
Founder? Claim ProfileThe founders of Biobest Group is Roland De Jonghe. Jean Marc Vandoorne is the CEO of Biobest Group.
Here are the details of Biobest Group's key team members:
- Roland De Jonghe: Founder of Biobest Group.
- Jean Marc Vandoorne: CEO of Biobest Group. Contact Info: 1 email address
View details of Biobest Group's Founder profiles and Board Members
Biobest Group's employee count trend
Biobest Group has 375 employees as of May 26. Here is Biobest Group's employee count trend over the years:
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Biobest Group's Competitors and alternates
Top competitors of Biobest Group include Koppert, IPL Biologicals and Corteva Agriscience. Here is the list of Top 10 competitors of Biobest Group, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Koppert 1967, Berkel en Rodenrijs (Netherlands), Late Stage | Provider of biological crop protection and pollination solutions for growers | $150M | 69/100 | |
2nd | IPL Biologicals 1994, Gurugram (India), Series B | Manufactures and supplies plant nutrition & protection products | $17.6M | 66/100 | |
3rd | Corteva Agriscience 2018, Indianapolis (United States), Public | Manufacturer of crop protection products seeds and biological agricultural solutions | - | 59/100 | |
4th | Pro Farm Group 2006, Davis (United States), Public | Developer of biological crop solutions and technology platforms for agriculture | $39.2M | 58/100 | |
5th | Ceradis 2005, Wageningen (Netherlands), Acquired | Innovative crop protection and plant nutrition solutions for sustainable agriculture | $15.8M | 57/100 | |
6th | Zymergen 2013, Emeryville (United States), Acquired | Platform utilizing genomics and machine learning to research and develop novel materials | $883M | 56/100 | |
7th | Biobest Group 1987, Westerlo (Belgium), Late Stage | Sustainable biological crop protection and pollination solutions for high-value crops | $233M | 54/100 | |
8th | Harpe BioHerbicide Solutions 2020, Raleigh (United States), Series A | Provider of crop protection & pesticides products | $10.7M | 52/100 | |
9th | Biotechnology company developing sustainable biosolutions for food, agriculture, and pharmaceuticals | $116M | 52/100 | ||
10th | Manufactures and supplier of biological fertilizer | $37.6K | 50/100 |
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Biobest Group's Investments and acquisitions
Biobest Group has made 2 investments in companies including Eco Ation and Arugga. Biobest Group has also acquired 8 companies including BIOTROP and Agrotech Gartenbautechnik.Here is the list of investments & acquisitions:
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Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Sep 07, 2023 | Acquisition | 2018 | Vinhedo (Brazil) | |
Aug 11, 2023 | Acquisition | 1998 | Wien (Austria) | |
Jul 12, 2023 | Acquisition | 2009 | Cincinnati (United States) |
See all acquisitions by Biobest Group
Reports related to Biobest Group
Here is the latest report on Biobest Group's sector:
News related to Biobest Group
•
M&G Investments Invests EUR 75 Million In BiobestiGrow News•Jan 08, 2024•M&G, Biobest Group, Biotrop
•
Aqua Capital concludes Biotrop sales, biological inputs, for R $ 2.8 billionFusoes & Aquisicoes•Dec 28, 2023•Aqua Capital, Biotrop, Biobest Group, BIOTROP
•
Biologicals Leader Biobest Raises €120M, Acquires Brazilian Biological Solutions Company BiotropGlobal AgInvesting•Sep 27, 2023•Biobest Group, Tikehau Capital, M&G, Unigrains and 1 other
•
Tikehau Capital closes the first investment of its agricultural fund for 120 million eurosEl Confidencial Digital•Sep 22, 2023•Tikehau Capital, Biobest Group
•
Belgian group grows in LatAm with Brazilian agritech assetsLatin Lawyer•Sep 19, 2023•Biobest Group, BIOTROP
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Biobest buys Brazil farm solutions provider Biotrop in $570 mln dealReuters•Sep 08, 2023•Biotrop, Biobest Group, Aqua Capital, BIOTROP and 1 other
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Biobest announces Letter of Intent to acquire BioWorksAgroPages•May 05, 2023•Biobest Group, Bio-Works
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Biobest strengthens presence in Portugal with acquisition of distributorAgroPages•Sep 28, 2022•Biobest Group, Agronologica
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