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BioLumic - About the company

BioLumic is a series B company based in Palmerston North (New Zealand), founded in 2012 by Jason Wargent. It operates as a Programming plant growth, vigour, and yields with UV light technology. BioLumic has raised $26.4M in funding from investors like OurCrowd, Finistere Ventures and RIV Capital. The company has 282 active competitors, including 24 funded and 9 that have exited. Its top competitors include companies like Sollum Technologies, Heliospectra and Urban-gro.

Company Details

Programming plant growth, vigour, and yields with UV light technology. The company delivers ultraviolet light to seeds and seedlings, triggering biological mechanisms that enhance plant characteristics. This world-first technology is clean, green, and GM-free, offering a sustainable approach to agriculture. The company focuses on photobiology, engineering, and data science to maximize the power of UV light for crop enhancement. They aim to increase yields sustainably, working with plant scientists, agronomists, and engineers to develop innovative solutions for row crops, dairy, and forage applications. The company's technology represents a breakthrough in agricultural science, offering a novel method for improving plant traits and promoting sustainable farming practices. This is a B2B, AgTech company with a social impact.
Social
X
Email ID
*****@biolumic.com
Registered Address
21 Dairy Farm Road, Palmerston North, 4410, New Zealand
Key Metrics
Founded Year
2012
Location
Palmerston North, New Zealand
Stage
Series B
Total Funding
$26.4M in 9 rounds
Latest Funding Round
Investors
Ranked
Employee Count
35 as on Jul 01, 2024
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BioLumic's funding and investors

BioLumic has raised a total funding of $26.4M over 9 rounds. Its first funding round was on Sep 2013. Its latest funding round was a Series B round on Mar 08, 2024 for $*****. 1 investor participated in its latest round. BioLumic has 21 institutional investors.

Here is the list of recent funding rounds of BioLumic:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Mar 08, 2024
9042680
Series B
3051153
3191267
6934975
9464918
Jun 21, 2022
5093075
Series B
9511546
8203024
6292295
Dec 03, 2021
1647114
Conventional Debt
6420031
9229530
6477105
4889251
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BioLumic's founders and board of directors

Founder? Claim Profile
The founders of BioLumic is Jason Wargent.
Here are the details of BioLumic's key team members:

BioLumic's Board of Directors

BioLumic's board has 5 active members. Adrian Percy and Kirk Haney are part of team and Mark Houghton Brown, Dean Christopher Tilyard and John Robert Martin Bedbrook are independent board members.
Here is the list of BioLumic's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
6y 10m
Team
-
Current
8y 2m
Independent board member
-
Current
9y 11m
lydekwv
Independent board member
-
Current
3y 9m
{xafri{
Independent board member
-
Current
6y 2m

BioLumic's employee count trend

BioLumic has 35 employees as of Jul 24. Here is BioLumic's employee count trend over the years:
Employee count trend for BioLumic
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BioLumic's Competitors and alternates

Top competitors of BioLumic include Sollum Technologies, Heliospectra and Urban-gro. Here is the list of Top 10 competitors of BioLumic, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Sollum Technologies
Sollum Technologies
2015, Montreal (Canada), Series B
Dynamic LED lighting solutions for greenhouses, optimizing plant growth and productivity
$42M
58/100
2nd
Logo for BioLumic
BioLumic
2012, Palmerston North (New Zealand), Series B
Programming plant growth, vigour, and yields with UV light technology
$26.4M
57/100
3rd
Logo for Heliospectra
Heliospectra
2006, Askim (Sweden), Public
Developer of LED lighting and control systems for horticulture applications
$4.5M
55/100
4th
Logo for Urban-gro
Urban-gro
2012, Lafayette (United States), Public
Turnkey design-build solutions for controlled environment agriculture and retail markets
$2.55M
-
55/100
5th
Logo for Opti-Harvest
Opti-Harvest
2016, Los Angeles (United States), Series B
Agricultural innovation company maximizing crop yield, water efficiency, and sustainability
$19.4M
47/100
6th
Logo for Infrascreen
Infrascreen
2019, Neuchatel (Switzerland), Seed
Developer of energy-saving screens utilizing nanotechnology for horticultural applications
$1.6M
41/100
7th
Logo for Netled
Netled
2007, Tampere (Finland), Public
Indoor farming solutions provider enabling sustainable food production through advanced technology
-
41/100
8th
Logo for Nexsel Tech
Nexsel Tech
2017, Pune (India), Unfunded
Manufacturer of horticulture lighting products for biotech and horticulture purposes
-
-
40/100
9th
Logo for RED
RED
2018, Lyon (France), Series A
Manufacturer and distributor of smart lighting solution for optimizing plant growth
$21.6M
40/100
10th
Logo for Spider Farmer
Spider Farmer
2009, Alhambra (United States), Unfunded
Manufacturer of LED grow lights and indoor gardening kits. The company designs and produces a variety of LED grow lights, offering different wattages and features to suit various plant sizes and growing spaces. They also provide complete grow kits, which include lights, grow tents, ventilation systems, and other essential accessories for indoor cultivation. These kits are designed to simplify the process of setting up and maintaining an indoor grow environment. The company also offers smart control systems to automate lighting and environmental monitoring.
-
-
40/100
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BioLumic's Investments and acquisitions

BioLumic has made no investments or acquisitions yet.

Reports related to BioLumic

Here is the latest report on BioLumic's sector:

News related to BioLumic

lockFilter this list
Media has covered BioLumic for a total of 3 events in the last 1 year, 1 of them has been about company updates and 1 about partnerships.
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FAQs about BioLumic

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