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Biotalys

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Protein-based biocontrol solutions for sustainable crop protection

Ghent, BelgiumFounded 2012Food
Valuation $50–100M Last recorded · 2026
Revenue $10–50M Latest reported FY
Headcount <100 Current team size
Total funding $50–100M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Biotalys and the history behind them.

About Biotalys

Biotalys is an agricultural technology (AgTech) company that develops protein-based biocontrol solutions to provide a sustainable and safe food supply. The company was founded in 2013 as AgroSavfe, a spin-off from the Flanders Institute for Biotechnology (VIB) and Vrije Universiteit Brussel (VUB), based on the research of Professor Jan Steyaert. It officially rebranded to Biotalys in 2019.

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The company's core technology is the AGROBODY Foundry™ platform, which is based on llama-derived single-domain antibody technology (Nanobody®). This platform develops biocontrols that aim to combine the effectiveness of conventional chemical pesticides with the safety profile of biologicals. These solutions are designed to protect against crop pests and diseases both before and after harvest, helping to reduce food waste and improve yield. The company's initial product candidate, a biofungicide named EVOCA™, is developed to combat major fungal diseases like Botrytis cinerea and powdery mildew in fruits and vegetables. EVOCA is currently under regulatory review in the United States and the European Union, with a decision in the U.S. expected by the end of September 2025 and in the EU by the second half of 2026.

Biotalys operates in the AgTech market, providing solutions for growers of high-value crops. Its business model focuses on research and development, forming strategic partnerships for commercialization. A key collaboration includes a partnership with Syngenta to develop a new bioinsecticide. While the company has not yet generated revenue from product sales, its income is derived from R&D tax incentives and grants, including support from the Bill & Melinda Gates Foundation. The company went public in July 2021, listing on the Euronext Brussels stock exchange under the ticker BTLS to fund its product pipeline and commercialization efforts.

Patrice Sellès served as CEO from July 2019, leading the company through its IPO and initial commercial preparations. In 2023, Kevin Helash was appointed CEO to guide the company's next growth phase. The company is headquartered in Ghent, Belgium, and maintains a subsidiary in the United States.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2012
Headquarters
Ghent, Belgium
Employees
51
Open positions
None listed
Dealroom signal
64.1/100
Sub-industry
AgriTech
Sector
Food, Biotechnology, Crop Protection, Pest Control, Biopesticides, Spinout, Sustainable Development Goals, Regenerative Agriculture, Climate Tech, Hard Tech, Climate Adaptation
Technology
Deep Tech
Business model
SaaS
Client focus
b2b

Funding history

10 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
PRIVATE PLACEMENT VC✓Equity / VC May 2026 $13M — Gimv · SFPIM · PMV · Sofinnova Partners ↗
PRIVATE PLACEMENT NON VC✓Other financing Oct 2024 $17M — A.S.R. Asset Management · Ackermans & van Haaren ↗
Showing the latest 2 of 10 recorded eventsBook a demo for the full funding history →

Financials

Revenue, earnings and profit over time

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

YearRevenueGrowthEBITDAMarginProfitMarginR&D
2026 —
2025 — — —
2024 — — —
2023 — — —
2022 — —
2021
2020 —
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Growth signals

Biotalys website traffic

Latest recorded traffic for Biotalys is 8.2K monthly website visits, up 49.1% over the last three months. Biotalys's team declined 26.1% over the past year.

Latest monthly visits8.2K 3-month web change+49.1% 1-year team growth-26.1%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investments and acquisitions

Capital deployed

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

Investors

20 investors on the cap table

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

Seed1 investor entered at this stage

  • VLAIO- Team Bedrijfstrajecten Crossroads France-Wallonie-Vlaanderen

Series A12 investors entered at this stage

  • SoFi
  • Qbic
  • Gimv
  • Flanders Institute for Biotechnology
  • PMV
  • Qbic Fund
  • Agri Investment Fund
  • Cell Culture Company
  • Globachem
  • Sofinnova Partners
  • Agri Vie
  • Madeli Participaties

Series B and later3 investors entered at this stage

  • Ackermans & van Haaren
  • K&E
  • Novalis Lifesciences

Other known investors4 additional known investors

  • A.S.R. Asset Management
  • biotope by VIB
  • SFPIM
  • Vrije Universiteit Brussel
Team profiled 13 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
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
5 countries with
team presence
🇧🇪 Belgium84.8%
🇺🇸 United States8.7%
🇨🇭 Switzerland2.2%
🇵🇹 Portugal2.2%
🇫🇷 France2.2%
5 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Biotalys 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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