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Funding · Agriculture & Food Systems

BioPrime raises $6 million Series A from Edaphon

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Date
Company
BioPrime
What it does
Biological agri inputs for crop resilience
Kind
Funding
Amount
$6 Mn
Stage
Series A
Based in
Pune
Founded
2016
Sector
Agriculture & Food Systems

What they do

BioPrime makes biological sprays and soil additives that help crops withstand climate stress

What happened

It raised a $6 Mn Series A led by Belgium-based Edaphon, with Omnivore and Inflexor Ventures

Why it matters

The company has grown revenue three-fold year-on-year and plans to become profitable next year

The details

  • BioPrime is a Pune-based startup that builds biological agricultural inputs.
  • It uses biochemicals and microbes to help crops withstand climatic stress, improve yield quality and soil health.
  • The company has raised a $6 Mn Series A round led by Belgium-based Edaphon.
  • Existing investors Omnivore and Inflexor Ventures also participated in the round.
  • BioPrime has raised a total of $8 Mn to date.
  • The company has achieved three-fold year-on-year revenue growth.
  • It plans to become profitable next year and focus on international expansion.

The bigger picture

  • India's biofertiliser market is projected to grow from $165.93 Mn to $253.09 Mn by 2031.
  • The biostimulants market is expected to reach $365.38 Mn by 2031 from $230.68 Mn.
  • Growth drivers include policy support, rising fertiliser costs, and global demand for residue-free produce.
  • BioPrime's technology primes crops in advance using secondary metabolites (alkaloids, terpenes, etc.).

About the business

  • BioPrime builds biological agri inputs such as sprays and irrigation additives.
  • Its patented tech stack includes SNIPR (biomolecules) for immediate protection and BioNexus (microbes) for long-term soil health.
  • Products include soil restoration inputs, bio-insecticides, and bio-fungicides.
  • The company works with secondary metabolites (alkaloids, terpenes, amines, etc.) to prime crops in advance.
  • It has tied up with Yara, ICL Fertilizers, DCM Shriram, and Insecticides India.
  • BioPrime uses a 'seeing is believing' adoption strategy with demo farms and side-by-side yield calculations.

What happens next

  • BioPrime plans to become profitable next year.
  • It will focus on international expansion, particularly in the US, Brazil, and Southeast Asia.

The deal

Type
Series A

Investors

  • Edaphon (lead) — Belgium-based investor.
  • Omnivore (participated) — Existing investor.
  • Inflexor Ventures (participated) — Existing investor.

Founders

  • Dr Renuka Diwan, Cofounder
  • Dr Amit Shinde, Cofounder
  • Dr Shekhar Bhosle, Cofounder

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