Last updated 2026-08-12
- Raised $18M Series E led by Climate Innovation Capital, Aug 2022
- Raised $11M Series D led by Ibex Investors, May 2021
- Raised $4.1M Series C led by MoreVC, May 2018
Total raised
$38.9M
Last: Grant 2024-07
Stage
Series B
Founded
2014
Headcount
54
HQ
Mazor, Israel
Sector
Agriculture & Food Technologies
About
Groundwork BioAg is a global bioagriculture company that leverages the natural power of mycorrhizal fungi to improve the productivity, sustainability, and profitability of mainstream agriculture. The company offers scalable mycorrhizal inoculants and nature-based carbon integration methods, enabling commercial and regenerative farmers to improve crop yields, reduce fertilizer use, and generate carbon credit revenue. Groundwork BioAg's pioneering production method and innovative inoculants are based on over twenty-five years of research at Israel's Agricultural Research Organization (ARO).
Funding history · 8 rounds · $38.9M total
2024-06
Grant
Undisclosed
2023-12
Grant
Undisclosed
2022-08
E Round
$18.0M
★ Climate Innovation CapitalMoreVCEdaphonJohn AbeleIbex InvestorsMiddleland CapitalBASF Venture CapitalHSBC Asset ManagementHSBC Climate Technology FundHSBC Global Asset Management
2021-05
D Round
$11.0M
★ Ibex InvestorsMoreVCProDeltaBPD AgriAxess VenturesFuture Foodwaysbpd Partners a. s.Middleland Capital
2018-05
C Round
$4.1M
★ MoreVC★ AgriNation VC★ Middleland Capital
2016-11
B Round
$1.1M
★ MoreVC★ AgriNation VC★ Middleland Capital
2015-07
A Round
$4.0M
★ MoreVC★ Middleland Capital★ SRK Management Company★ F&C Climate Opportunity Partners
2014-09
Seed
$700K
★ MoreVC★ Israel Cleantech Ventures
Headcount over time
From 18 (2018-09) to 70 (2026-07) · +52 (+289%) · 49 points · source: Finder history + radar grounding
Q&A
- What is Groundwork BioAg's primary business?
- Groundwork BioAg is a global bioagriculture company that produces highly-concentrated, cost-effective mycorrhizal inoculants to improve crop productivity, sustainability, and profitability in mainstream agriculture. They also offer nature-based carbon integration methods.
- When was Groundwork BioAg founded?
- Groundwork BioAg was founded in April 2014.
- What is the current employee count for Groundwork BioAg?
- Groundwork BioAg has 51–200 employees.
- What was Groundwork BioAg's most recent equity funding round?
- Groundwork BioAg completed a B Round in August 2022, which raised $18,000,000. Lead investors included Amathaon Capital and BASF Venture Capital.
- What is the total amount of funding Groundwork BioAg has raised to date?
- Groundwork BioAg has raised a total of $59,600,000 USD.
- Has Groundwork BioAg received any grants recently?
- Yes, Groundwork BioAg received a grant in July 2024 and another in January 2024.
- What is Groundwork BioAg's flagship product?
- Groundwork BioAg's flagship product line is Rootella®, which consists of mycorrhizal inoculants designed to enhance crop productivity and soil health.
- What is the Rootella Carbon™ program?
- The Rootella Carbon™ program, launched globally in October 2023, offers farmers a way to generate premium carbon credits through durable soil carbon sequestration, certified by Verra, leveraging mycorrhizal fungi as a nature-based solution for carbon dioxide removal.
- What recent partnership did Groundwork BioAg announce regarding carbon credits for tourism?
- In January 2025, Groundwork BioAg partnered with Sustainable Travel International to offer carbon dioxide removal credits for tourism.
- What is Groundwork BioAg's upcoming equity funding round?
- Groundwork BioAg has a C Round scheduled for January 2025, aiming to raise $20,000,000.
Team · 17
Dr. Yossi Kofman
Founder · Co-Founder, Chairman
Dan Grotsky
Founder · Co-Founder | Chief Growth Officer
Danny Levy
Founder · Co-Founder | Chief Technology Officer
Alon Werber
Chief Executive Officer
Hanan Dor
Chief Commercial Officer
Bari Ruimy
Chief Financial Officer
Shawn Gagné
Chief Carbon Commercial Officer
Andrew Duff
North America General Manager
Roberto Gajardoni
Brazil Country Manager
Kanwal Bhat
Groundwork BioAg India Pvt. Ltd. – Country Manager
Shu Yang
Groundwork BioAg China – Representative
Brian Mixer
Partner, Middleland Capital (Board Member)
Nelson A. Switzer
Managing Partner & Co-Founder, Climate Innovation Capital (Board Member)
Gil Eiges
Venture Partner, Climate Innovation Capital (Board Member)
Idan Mor
Investment Director – HSBC Climate Growth Partners (Board Member)
Adi Vagman
Managing partner, E44 Ventures (Advisory Board)
Mick Messman
Chief Executive Officer, DPH Biologicals (Advisory Board)
Sectors & technology
Primary sector
Agriculture & Food Technologies
Technologies
Target customers
Business model
B2B
Highlights
Climate Tech1 PatentsVerified
Tags
novel-farming-systemscropsclimate-techbiotechnologyplant-protectionfungisoil-treatmentcannabissustainable-farmingalgaeagtechbiological-inputsbiomaterialssmallholder-farmscarbon-capturefertilizerspest-controlagriculture
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| Website | groundworkbioag.com |
|---|---|
| linkedin.com/company/5022013 | |
| facebook.com/groundworkbioag | |
| instagram.com/groundworkbioag |
Identifiers & details
| Legal name | Groundwork BioAg, Ltd. |
|---|---|
| Founded | 2014-4 |
| Employees (exact) | 54 |
Radar intelligence
Patents
| EPO | 1 |
|---|
GitHub
| Top repos | branding-wallpapers |
|---|
Web history (Wayback)
| Domain | groundworkbioag.com |
|---|
Certificate / subdomain footprint
| Subdomains | 6 |
|---|
Israeli Companies Registrar (רשם החברות / ICA)
| Registrar # (ח.פ.) | 515068062 |
|---|---|
| Status | פעילה |
| Corp type | ישראלית חברה פרטית |
| Incorporated | 2014-04-13 |
| Purpose | לעסוק בכל עיסוק חוקי |
| Liability | מוגבלת |
| In violation (unfiled) | no |
| Last annual report | 2025 |
| Active charges / liens | 0 |
| Registry events | 2 — charge (1), other (1) |
| Registered address | השחר 27 מזור |
Recent registry events
| Date | Event |
|---|---|
| 2026-06-21 | עדכון שעבוד |
| 2025-08-18 | עדכון כתובת ו/או מען דיגיטלי |