Barrix Agro Sciences

company

About

Barrix Agro Sciences provides performing and outstanding products to the humanity through farmers and to increase the GDP of the world.

  • 51 - 100

Details

Last Funding Type
Debt Financing
Last Funding Money Raised
$615.38K
Industries
Agriculture,AgTech,Biotechnology,Farming
Founded date
Jan 1, 2011
Number Of Employee
51 - 100
Operating Status
Active

Barrix Agro Sciences seeks to develop technology enabled cost-effective solutions to reduce the use of pesticides in crop production, thereby increasing pre and post harvest yield. The company's pheromone products include the Barrix Fruit fly traps that target 83 species of pests in fruit crops and the Barrix vegetable fly traps that target 226 species of pests in vegetable crops.

Barrix Agro Sciences has served about 15,000 farmers and sold around 50,000 traps in 16 districts of Karnataka, Andhra Pradesh, and Tamil Nadu. It distributes its products through live demos and workshops for awareness building. The company plans to launch pheromone traps to protect agriculturally important crops like rice, wheat, sugarcane, brinjal, and cotton in the future.

Barrix Agro received a cash grant of INR 5,00,000 as winners of the Sankalp Agriculture, Food, and Rural Business Award sponsored by Omnivore Partners.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
6
$3.40M
Barrix Agro Sciences has raised a total of $3.40M in funding over 2 rounds. Their latest funding was raised on Oct 16, 2018 from a Series B round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Oct 16, 2018 Series B $217K 1 Detail
Dec 1, 2017 Debt Financing $153.80K 1 Omnivore Detail
Mar 1, 2016 Debt Financing $615.38K 1 Omnivore Detail
Feb 1, 2015 Series B $1.23M 1 Omnivore Detail
Dec 1, 2013 Series A $1.03M 1 Omnivore Detail

Investors

Number of Lead Investors
Number of Investors
4
1
Barrix Agro Sciences is funded by 1 investors. Omnivore are the most recent investors.
Investor Name Lead Investor Funding Round
Omnivore Series B