Asfert Global

Overview
Natural Fertilizers?
Product stageSegments
Expansion
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Biofertilizers: Nitrogen-fixing, Biofertilizers: Phosphate, Biofertilizers: Plant Growth Promoting Rhizobacteria (PGPR)
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Based in Portugal, Asfert Global offers biofertilizers, specialty formulations, soil catalysts, deficiency correctors and foliar complements for fruit crops, vine crops, and vegetables. The company’s biofertilizer range includes 1) phosphate biofertilizer (Kiplant Allgrip) that uses phosphate solubilizing microbes, 2) nitrogen-fixing biofertilizer (Kiplant iNmass) that uses a  range of nitrogen-fixing microorganisms, and 3) Plant Growth Promoting Rhizobacteria (Kiplant Actazym and Mycoshell brands), which uses microbes such as Mycorrhizae. 

Asfert Global has validated its biofertilizers by conducting field trials with farmers across Portugal. For example, based on a trial conducted on greenhouse grown tomatoes by Soilvitae, a Portuguese company certified for conducting field trials, using Asfert’s Kiplant Allgrip increased the yield by an average of 15%. Kiplant Allgrip has also proven to improve growth metrics in apples such as trunk length, branch weight, and total root weight.

As of June 2022, Asfert Global had offices in Portugal, Spain, and South Africa and had an international presence across 25 countries including France, Greece, Turkey, Russia, and the USA. Asfert Global also conducts in-house R&D and claims to invest 5% of revenue per year on R&D activities. Thus far, the company has developed its biofertilizers in partnership with the University of Lisbon.

HQ location:
Rua Nova da CEE, Perofilho Várzea PRT
Founded year:
2013
Employees:
11-50
IPO status:
Private
Total funding:
-
Last Funding:
-
Last valuation:
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