Symborg

symborg.com ↗ ·Murcia ·Other

Symborg is a Murcia-based agricultural biotechnology company that develops, produces and sells microbiological products for farmers, including biofertilisers, biostimulants and biocontrol solutions that improve nutrient efficiency and crop yields. Its products include the nitrogen-fixing bacterial solutions Utrisha N and BlueN, and it sells in more than 50 countries through subsidiaries in Brazil, Chile, China, France, Mexico, Peru, Turkey and the United States. Founded in 2008 in Murcia by Jesús Juárez and Félix Fernández and incubated at CEEIM, the company grew to more than €40 million in annual revenue and over 150 employees. It was backed by business angels and, in 2020, by the Spain Oman Private Equity Fund (SOPEF) managed by MCH Private Equity; Corteva Agriscience agreed to acquire it in September 2022 and completed the deal in March 2023.

Founded
2008
Founders
2
Total funds raised
—
Rounds
1
Investors
2
Last round
Oct 2020
SectorsAgtech, Agricultural Biotechnology, Biologicals, Biofertilizers, Biocontrol Start-up MapFoodtech & Agtech › Farm production & automation

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Founders

Félix Fernández Martín
Co-founder & Head of Technology Surveillance and Competitive Intelligence
Jesús Juárez
Co-founder & CEO

Global models 5

Indigo Ag
United States · www.indigoag.com ↗
Develops and sells microbial seed treatments and biologicals to farmers that improve nutrient use and crop yields.
$1.6BComparable
Pivot Bio
United States · www.pivotbio.com ↗
Sells nitrogen-fixing microbial products to farmers to replace synthetic nitrogen fertiliser, the same model as Utrisha N and BlueN.
$600MComparable
AgBiome
United States · www.agbiome.com ↗
Discovers, makes and sells microbial biocontrol products to growers and distributors worldwide.
$200MComparable
Vestaron
United States · www.vestaron.com ↗
Develops and sells biological crop protection products (peptide bioinsecticides) to farmers as an alternative to synthetic chemicals.
$190MComparable
Sound Agriculture
United States · www.sound.ag ↗
Sells farmers a biostimulant-style input that helps crops take up more nutrients, which cuts synthetic fertiliser use.
$150MComparable

In the same niche 17 others

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Notes: Most funded first

Investors 2

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Funding rounds 1

DateRoundAmountLead
PublishedArticle
2024-02-27 Corteva Agriscience Marks One-year Anniversary of Symborg and Stoller Acquisitions ↗
Corteva Agriscience (press release)
2024-02-27
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