How Much Did CroBio Raise?
Funding & Key Investors

CroBio, a biotechnology firm focused on drought resilience in agriculture, has secured $831K in total capital, with a recent major strategic investment of $831K. This significant backing underscores the company's progress in developing microbial solutions to combat crop loss due to arid conditions.

What is CroBio?

CroBio
Business ServicesResearch & Development

Established in 2019 by Wayne and Ross Mulhall, CroBio is headquartered in Macclesfield, United Kingdom. The company specializes in engineering microbes designed to enhance soil water efficiency. This innovative approach aims to mitigate the substantial risks of crop failure stemming from drought, a growing concern in global agriculture. CroBio's technology represents a critical advancement in sustainable farming practices, offering a biological solution to water scarcity challenges.

How much funding has CroBio raised?

CroBio has raised a total of $831K across 1 funding round:

2025

Grant

$831K

Grant (2025): $831K with participation from Innovate UK and UK Department for Environment Food & Rural Affairs

Key Investors in CroBio

Innovate UK

Innovate UK is the UK's national innovation agency, supporting business-led innovation across various sectors to drive economic growth and improve quality of life. They focus on fostering the development and implementation of innovative solutions.

UK Department for Environment Food & Rural Affairs

The UK Department for Environment Food & Rural Affairs (Defra) is the government department responsible for environmental protection, food production and standards, agriculture, fisheries, and rural communities in the United Kingdom.

What's next for CroBio?

The recent major strategic investment positions CroBio for accelerated growth and market penetration. This capital infusion is expected to fuel further research and development, scale production capabilities, and expand its commercial reach. The company's focus on addressing drought impacts through microbial engineering aligns with increasing global demand for climate-resilient agricultural technologies. CroBio is poised to become a key player in the agritech sector, offering vital solutions for food security in an era of climate change.

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Frequently Asked Questions Regarding CroBio Financial Insights

What are the most recent funding rounds that CroBio has completed, and what were the funding rounds?
CroBio has recently completed 1 funding rounds: Grant on Feb 7, 2025.
What is the total amount of funding CroBio has raised to date?
CroBio has raised a total of $831K in funding to date.
How many funding rounds has CroBio completed?
CroBio has completed 1 funding rounds.
How much funding did CroBio raise in its most recent funding round?
CroBio raised $831K in its most recent funding round.
Who are the lead investors in CroBio's latest funding round?
The lead investor in CroBio's latest funding round was Innovate UK. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in CroBio's history?
The largest funding round in CroBio's history was $831K.
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