
Promoseed
Eco friendly tech that provides at least 20% increase in efficiency.
Date | Investors | Amount | Round |
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- | investor | €0.0 | round |
investor investor | €0.0 Valuation: €0.0 | round | |
investor | €0.0 | round | |
* | N/A | $430k | Seed |
Total Funding | 000k |
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Promoseed Biyoteknoloji A.Ş. operates within the agricultural chemicals industry, focusing on the development and production of microbial fertilizers. The company was formally established as a joint-stock company in 2019 and is headquartered in Kayseri, Turkey, within the Erciyes Teknopark. The scientific groundwork for the company's technology began back in 2008, led by a team of scientists and technology experts. Its founders include Prof. Dr. Mustafa Çetin, who serves as CEO, and Prof. Dr. Semih Yılmaz, the company's CTO. Their extensive academic and research background, spanning approximately 16 years of collaboration, underpins the company's scientific approach to agriculture.
The core of Promoseed's business is its "Smart Bacteria Technology," which involves isolating beneficial microorganisms from Turkey's native soils, developing them, and producing them as bio-fertilizers. These products are designed to enhance plant growth, increase resistance to diseases and pests, and enrich the soil with essential nutrients. This approach serves as an alternative to inorganic chemical fertilizers, contributing to more sustainable agricultural practices by reducing issues like groundwater contamination and soil degradation. The company's business model involves the production and sale of these microbial products to farmers and the broader agricultural sector. Products, which are patented and certified as 100% organic, are developed with support from Turkish scientific bodies like TÜBİTAK and KOSGEB.
Promoseed's product line includes both liquid and solid microbial fertilizers, such as 'Bac-Omet' and 'Bac-Imet'. These products work by introducing beneficial bacteria to the soil, which in turn produce metabolites like phosphatase and nitrogenase. These substances help make insoluble materials in the soil available for plant use, which can increase yields by an average of 20%. The production process starts with starter cultures created in their own labs, followed by scaled-up production through strategic partnerships with firms like Merkez Anadolu Kimya and Valentis Biyoteknoloji. The company has secured multiple rounds of funding, including an initial 300,000 TL from a crowdfunding campaign in July 2021, and a subsequent 7.5 million TL in a second round, which has enabled the company to expand operations and reach hundreds of farmers through a network of around 40 dealers.
Keywords: microbial fertilizers, agricultural biotechnology, sustainable agriculture, biofertilizers, soil microbiology, crop protection, smart bacteria technology, organic farming, Erciyes Teknopark, plant health, soil nutrients, agricultural inputs, biopesticides, TÜBİTAK, KOSGEB, crop yield enhancement, environmental-friendly farming, biological pest control, agricultural innovation, agricultural chemicals