# Ceragen

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ceragen

- Industry: Biotechnology
- Headquarters: Kitchener, Canada
- Website: www.ceragengrow.com
- Latest round: Seed (Jun 11, 2021)
- Investors on record: 2

## About

Ceragen Inc is focused on developing and producing microbial inoculants specifically for hydroponic systems, enhancing plant health and crop yields through innovative biotechnology solutions.Ceragen Inc specializes in microbial solutions for hydroponics. Founded by innovators in agricultural biotechnology, the company is headquartered in Kitchener, Canada. In June 2021, Ceragen raised seed funding from SOSV and other investors, aiming to expand its operations.Ceragen specializes in the development and production of microbial inoculants tailored specifically for hydroponic systems. Their core offerings leverage a custom research and development pipeline to select and cultivate microbes that thrive in hydroponic environments. These root-associated microbes adhere to plant roots, enhancing nutrient uptake and bolstering plants’ stress responses, ultimately leading to improved crop yields. The products are versatile, suitable for use with various substrate types, and are designed to mitigate common stress-related issues such as leaf yellowing and impaired growth. Ceragen’s primary customers consist of hydroponic growers and agricultural producers who focus on fruit and vegetable production, primarily in North America and Europe.Ceragen generates revenue through direct sales of its microbial inoculant products, which include flagship offerings like ACCelerate and FerraGrow. The company operates on a B2B model, engaging directly with hydroponic farms, agricultural distributors, and retailers, facilitating a streamlined supply chain for its nutrient-enhancing solutions. Transactions typically occur on a wholesale basis, where clients purchase products in bulk to meet their operational needs. Pricing structures consider the specific formulations and quantities, ensuring that clients secure the necessary products to optimize their crop performance. This structured approach to revenue generation positions Ceragen as a key player in the agricultural biotechnology sector, focusing on enhancing plant health and productivity.Moving forward, Ceragen plans to develop new microbial products aimed at enhancing crop performance, with specific launches targeted for late 2022. The company is also looking to expand into European markets by the end of 2023, enhancing its presence in the hydroponic sector. The funding raised in June 2021 will support these product development and market expansion efforts.

## Funding rounds

- Seed, Jun 11, 2021 — SOSV, IndieBio

## Investors

- SOSV (https://capitalatlas.ai/funds/sosv) — Seed
- IndieBio (https://capitalatlas.ai/funds/indiebio) — Seed