# HydroBio

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

- Industry: Agribusiness
- Headquarters: Denver, US
- Website: www.hydrobioars.com
- Total disclosed funding: $3M
- Latest round: Series A (Mar 1, 2015)
- Investors on record: 2

## About

HydroBio, Inc. specializes in developing innovative agricultural solutions that enhance water efficiency and crop productivity, focusing on sustainable practices to improve farming outcomes.Founded in 2014 and headquartered in Denver, US, HydroBio, Inc. operates in the agricultural technology sector, specifically providing solutions for water management in farming. In May 2017, the company was acquired by The Climate Corporation, a subsidiary of Monsanto Growth Ventures. The company's founder previously had experience in the agricultural sector, although specific details about prior ventures are not available. HydroBio, Inc. has successfully completed 4 funding deals, with its most recent funding round being a Series A, which raised USD 3.00 mn led by Monsanto Growth Ventures and Formation8, amounting to the total capital raised.HydroBio, Inc. offers a range of agricultural technology products designed to optimize water usage and enhance crop productivity. Their core services focus on developing data-driven solutions that allow farmers to monitor and manage irrigation effectively, enabling efficient water use while maximizing yield. These products are targeted at individual farmers and agricultural operations seeking to implement sustainable practices in their farming methods. HydroBio, Inc. also emphasizes the integration of its technologies with existing farming equipment to facilitate user adoption and streamline operations in diverse agricultural settings.HydroBio, Inc. generates revenue through the sale of its agricultural technology solutions, which include software and consulting services aimed at improving water management for farmers. The financial structure of its revenue is primarily based on direct sales to agricultural operations, where clients pay for access to the technology and support services. Although specific pricing details are not disclosed, the continuous engagement of farmers with the platform is designed to contribute to the company’s revenue stream.HydroBio, Inc. plans to leverage its recent funding from the Series A round to enhance its product offerings and expand into new agricultural markets. The company is focusing on the development of next-generation water management solutions set to launch in late 2018, aimed at improving irrigation efficiency in regions facing water scarcity. Additionally, HydroBio, Inc. is targeting expansion into key agricultural areas in the United States and Latin America, seeking to establish a stronger presence by mid-2019. The funds will be utilized to accelerate product development and support marketing initiatives to facilitate market entry.

## Funding rounds

- Series A, Mar 1, 2015, $3M — Formation8, Monsanto Growth Ventures

## Investors

- Formation8 (https://capitalatlas.ai/funds/formation8) — Series A
- Monsanto Growth Ventures (https://capitalatlas.ai/funds/monsanto-growth-ventures) — Series A