BioPhero

BiotechnologySeries ACopenhagen, Denmarkbiophero.com

Latest round

Series A

Last raised

Mar 2021

Total raised

$20M

Investors

5

About BioPhero

BioPhero ApS, founded in 2016, operates in the biotechnology sector, focusing on pheromone-based solutions for pest control. The company is headquartered in Copenhagen, Denmark. Carina Holkenbrink, the founder, has a history of entrepreneurship in the biotech field. In June 2022, FMC Corporation agreed to acquire BioPhero for USD 200 mn as part of a Trade Sale, which is expected to close by September 2022, after regulatory approvals.BioPhero specializes in innovative pheromone products designed to enhance pest management strategies in agriculture, emphasizing sustainability and productivity. Their core offerings leverage sex pheromones to disrupt mating patterns among insect populations, effectively preventing the emergence of new generations of pests. This species-specific approach minimizes the impact on beneficial insects, such as bees, while addressing pest control in a targeted manner.60 in 2022. The company generates revenue through the sale of its pheromone products to agricultural growers, primarily through B2B transactions with distributors and wholesalers.The recent acquisition by FMC Corporation will support BioPhero's growth strategy, as it integrates into a larger platform focused on enhancing pest management solutions. The deal, finalized by September 2022, aims to leverage FMC's extensive distribution networks to expand BioPhero's market presence. Future initiatives may include the development of new pheromone products tailored to emerging agricultural pests and expansion into new global markets, particularly in Asia and South America, in response to growing agricultural demands.

Who invested in BioPhero

5 investors across 2 rounds

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Funding rounds

  1. Series A

    Mar 8, 2021

    Amount

    $17M

    Investors

    Locked

  2. Seed

    Sep 17, 2018

    Amount

    $3.5M

    Investors

    Locked

Questions about BioPhero

Who invested in BioPhero?

BioPhero has 5 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has BioPhero raised?

BioPhero has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did BioPhero last raise money?

BioPhero's most recent round on record is a Series A, in Mar 2021.

What does BioPhero do?

BioPhero ApS, founded in 2016, operates in the biotechnology sector, focusing on pheromone-based solutions for pest control.

Where is BioPhero headquartered?

BioPhero is headquartered in Copenhagen, Denmark.

Which VCs invest in companies like BioPhero?

Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Highland Europe back biotechnology companies at BioPhero's stage. Their profiles are linked below.

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