Loading organizations...
Groundwork BioAg, based in Mazor, Israel, develops and produces mycorrhizal inoculants, leveraging beneficial fungi to enhance crop productivity, reduce synthetic fertilizer dependency, restore soil health, and sequester carbon in mainstream agriculture. Their Rootella product line, commercialized globally through a network of distributors, emphasizes scalable, cost-effective formulations for various cultivation methods, with products applied across 1 million acres in 2021. The company has successfully raised substantial capital, including an $11 million round in 2021 and an $18 million Series B round to support its global expansion. Notable investors backing Groundwork BioAg include Climate Innovation Capital, HSBC Global Asset Management, BASF Venture Capital, John Abele, and Ibex Investors. Co-founded by Yossi Kofman and Dan Grotsky, the company's specific founding year is not publicly available.
Groundwork BioAg has raised $29.0M across 2 funding rounds.
Groundwork BioAg has raised $29.0M in total across 2 funding rounds.
Groundwork BioAg has raised $29.0M across 2 funding rounds. Most recently, it raised $18.0M Series B in August 2022.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Aug 1, 2022 | $18M Series B | — | Amathaon Capital, BASF Venture Capital, BLU Venture Investors, Hatteras Venture Partners, Matias Ventures, MoreVC, Rebel Fund, SAM Palmisano | Announced |
| May 1, 2021 | $11M Series U | — | BLU Venture Investors, Matias Ventures, MoreVC | Announced |
Groundwork BioAg is a commercial biotech company that manufactures high‑concentration mycorrhizal inoculants (branded Rootella) to boost crop yield, improve soil health, and enable carbon sequestration and carbon‑credit revenue for farmers[4][3]. Groundwork positions its products as low‑cost, scalable biologicals produced via proprietary mass‑production methods and claims wide adoption across millions of acres and a portfolio of carbon‑focused programs for growers[3][4].
High‑Level Overview
For the company specifically:
Origin Story
Core Differentiators
Role in the Broader Tech Landscape
Quick Take & Future Outlook
Quick final note: Groundwork’s public materials and news coverage are the main sources for the company’s claims on acreage, sequestration rates, and revenue‑share terms; independent peer‑reviewed field trials and third‑party carbon verification results would add further confidence when evaluating agronomic and carbon outcomes beyond the company’s reported metrics[3][4][1].
Groundwork BioAg has raised $29.0M in total across 2 funding rounds.
Groundwork BioAg's investors include Amathaon Capital, BASF Venture Capital, Blu Venture Investors, Hatteras Venture Partners, Matias Ventures, MoreVC, Rebel Fund, Sam Palmisano.