Growcentia

Overview
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Natural Fertilizers?
Product stageSegments
Expansion
?
Biofertilizers: Phosphate
?

Colorado-based Growcentia produces phosphate biofertilizers, biostimulants, fungicides, and pesticides using its patented microbial technology platform for commercial agriculture and home gardening applications. Growcentia also offers to license its product platform to interested parties. The company’s phosphate biofertilizer “MAMMOTH P” uses phosphorus solubilizing microbes to increase phosphorus availability in the soil. 

Growcentia selects a consortium of bacteria using its proprietary screening platform that claims to be 30x more effective at cycling phosphorus while offering protection against plant pathogens. MAMMOTH P has also reportedly increased yields by an average of 16% and improve stem strength by 6% in field tests and trials. It has also shown an increase in productivity of up to 2x in fruits, herbs, and turf when used together with inorganic fertilizers.

As of June 2022, Growcentia sold its products globally, including in the US, the UK, Spain, and Australia, through 700 local retailers and three overseas distributors that serve 1,000 retailers. It also sells its products online through ecommerce websites such as Amazon and third-party online retailers including Tecnocultivo, HTG Supply, GrowersHouse, and ACME Hydroponics. 

Growcentia last raised USD 5 million in Series A funding in July 2017. 

HQ location:
1552 Riverside Drive Fort Collins CO USA
Founded year:
2015
Employees:
1-10
IPO status:
Private
Total funding:
USD 5.0 mn
Last Funding:
USD 5.0 mn (Series A; Jul 2017)
Last valuation:
-
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