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Agrasys

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Technology-based agrifood company

Barcelona, SpainFounded 2005Biotechnology
Valuation <$5M Last recorded · 2015
Revenue <$1M Latest reported FY
Headcount <100 Current team size
Total funding $0–10M Disclosed equity funding
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About Agrasys

Agrasys, established in 2005, is an agricultural biotechnology company operating as a spin-off from the Spanish National Research Council (CSIC). The founders include Cristobal Martinez, Francisco Barro, Paul Lazzeri, and Pilar Barcelo-Ensesa. The company's genesis is deeply rooted in decades of public research, specifically a breeding program initiated in 1977 by Professor Antonio Martín at the CSIC's Institute of Sustainable Agriculture. In 2006, Agrasys acquired the exclusive commercial rights to this program and its primary output, Tritordeum.

The core of Agrasys' business is the development and commercialization of Tritordeum, a novel cereal created through the natural hybridization of durum wheat and a wild barley species. This process does not involve genetic modification. Tritordeum is positioned as a sustainable crop, demonstrating high resistance to drought and heat, thus requiring less water and fertilizer. For consumers, the cereal offers distinct nutritional benefits, including higher levels of protein, fiber, and lutein—an antioxidant beneficial for eye health—compared to common wheat. The grain's composition, with fewer specific gluten proteins, may also make it more tolerable for individuals with non-celiac gluten sensitivity.

Agrasys' business model revolves around licensing and partnerships. In Spain, the company works directly with grain producers and food manufacturers. For international markets, particularly within the European Union, Agrasys grants commercial licenses to other companies, leveraging their local market expertise for distribution and sales. Its product, commercialized under the trade name Vivagran®, is versatile and can be used in a variety of food products, including bread, pasta, crackers, baked goods, and beer. After facing financial difficulties, Agrasys' assets were acquired by Arcadia Biosciences in 2020/2021, and subsequently by Vivagran, a company formed by former Agrasys employees, which continues the development and marketing of Tritordeum with the support of the original founders on its advisory board.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2005
Headquarters
Barcelona, Spain
Employees
3
Open positions
None listed
Dealroom signal
20.0/100
Sector
Biotechnology, Agritech

Funding history

2 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SEED✓Equity / VC Jan 2015 $550K $2.2M Undisclosed —
SEED✓Equity / VC Jan 2008 $0 — Undisclosed —
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Financials

Revenue, earnings and profit over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

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Growth signals

Agrasys website traffic

Latest recorded traffic for Agrasys is 990 monthly website visits, up 22.2% over the last three months. Agrasys's team grew 0% over the past year.

Latest monthly visits990 3-month web change+22.2% 1-year team growth0%
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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

2 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Other known investors2 additional known investors

  • Inveready
  • Media Digital Ventures
Team profiled 2 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators Hidden — book a demo quality score
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
1 countries with
team presence
🇪🇸 Spain100%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Agrasys on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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