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Agrisoma Biosciences
Agrisoma has commercialized a non-food sustainable crop called Carinata, enhanced yield of uniform, high-quality oil for biodiesel and biojet fuel production
About Agrisoma Biosciences
Agrisoma is a forward-thinking company that addresses the increasing global need for sustainable, renewable biofuels. The company focuses on Carinata, a non-food crop specifically developed to produce low greenhouse gas (GHG) fuels. Over the past 15 years, Agrisoma has perfected Carinata to be a highly productive and sustainable crop that also enriches the soil. This makes it an excellent rotational crop for farmers.
Agrisoma operates primarily in the biofuels market, which is rapidly expanding due to global mandates for cleaner energy. Currently, 62 countries have regulations requiring the use of biofuels, and the demand for clean diesel and jet fuels is growing quickly. Agrisoma has established commercial production programs for Carinata in North and South America and is expanding globally to meet this rising demand.
The company's business model revolves around the entire value chain of Carinata. They work with farmers to grow the crop, which is then processed using existing oilseed equipment—meaning no new investment in machinery is required. The oil extracted from Carinata is rich in energy and can be refined into biojet fuel and renewable diesel. These fuels are not only more efficient but also better for engines compared to traditional fossil fuels. Additionally, the meal left after oil extraction is high in protein, adding another revenue stream.
Agrisoma makes money by selling Carinata seeds to farmers, processing the harvested crop, and selling the refined biofuels and protein-rich meal. Their clients include farmers, biofuel refineries, and industries that require sustainable fuel solutions, such as aviation and commercial transportation.
In summary, Agrisoma is a key player in the renewable fuels market, providing a sustainable and efficient alternative to fossil fuels through their innovative use of Carinata.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2000
- Headquarters
- Gatineau, Canada
- Employees
- 8
- Open positions
- None listed
- Dealroom signal
- 64.7/100
- Sub-industry
- Waste Solution, AgriTech
- Sector
- Aviation, Farming, Biotechnology, Waste Reduction, Spinout, Biofuel, Food Waste, Sustainable Development Goals, Aviation and Aerospace, Sustainable Aviation Fuel, Climate Tech, Circular Economy
- Client focus
- b2c
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES C✓Equity / VC | Mar 2018 | $9M | $36M | Desjardins Capital · Cycle Momentum · Lune Rouge Innovation | — |
| SERIES B✓Equity / VC | Apr 2017 | $15M | $62M | BDC Capital · Business Development Bank of Canada · Lune Rouge Innovation · Cycle Momentum | — |
Growth signals
Latest recorded traffic for Agrisoma Biosciences is 990 monthly website visits, up 10% over the last three months. Agrisoma Biosciences's team declined 20% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed1 investor entered at this stage
Series A3 investors entered at this stage
Lune Rouge Innovation
Cycle Momentum
BDC Capital
Series B and later1 investor entered at this stage
Desjardins Capital
Other known investors1 additional known investor
National Research Council Canada
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
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