Advanta Seeds Revenue, Valuation, Funding & Investors

Advanta Seeds is valued at $2.8B as of November 2024, a 7.3x multiple on its last reported $381M revenue.

Last Advanta Seeds valuation

$2.8B

Secondary · Nov 2024

Last Advanta Seeds funding round

$300M

Undisclosed stage · Oct 2022

Advanta Seeds revenue

$381M

Secondary · Nov 2024

Key investors in Advanta Seeds

  • KKR
  • Alpha Wave Global

Advanta Seeds Overview

About Advanta Seeds

Advanta Seeds is a global agricultural solutions company and a subsidiary of UPL Group, focusing on developing and distributing high-yielding, climate-resilient hybrid seeds. With a portfolio of over 900 hybrids spanning 80+ countries, it provides staple crops and vegetables designed to support smallholder farmers and global food security.


Founded

1994

HQ

UAEUAE

Status

Privately held

Customer focus

B2B

Revenue model

Product sales

Revenue

$381M (Nov 2024)

Valuation

$2.8B (Nov 2024)

Advanta Seeds Valuation

Advanta Seeds is currently valued at $2.8B, based on its secondary sale in November 2024.

The $350M round was led by Alpha Wave Global.

Advanta Seeds' valuation has grown 1.2x from $2.3B at its undisclosed-stage round in October 2022 to $2.8B in November 2024, across 2 priced rounds.

Advanta Seeds valuation by funding round

Revenue multiple
Advanta Seeds valuation by funding round
DateStageValuationRevenue Multiple
Nov 2024Secondary$2.8B7.3x
Oct 2022Undisclosed stage$2.3B25.0x

Advanta Seeds Revenue

Advanta Seeds' latest recorded revenue is $381M, as of its secondary sale in November 2024. At a $2.8B valuation, that implies a 7.3x revenue multiple.

Revenue grew from $90M in October 2022 to $381M in November 2024, while the revenue multiple moved from 25.0x to 7.3x.

Advanta Seeds revenue by funding round

Advanta Seeds revenue and valuation multiple by funding round
DateRevenue *ValuationRevenue MultipleStage
Nov 2024$381M$2.8B7.3xSecondary
Oct 2022$90M$2.3B25.0xUndisclosed stage

* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.

Advanta Seeds Funding History

Advanta Seeds has raised a total of $300M across 1 funding round, plus 1 secondary share sale.

Advanta Seeds funding rounds

Advanta Seeds funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Nov 2024SecondaryAlpha Wave Global (lead)$350M$2.8BAdvanta Enterprises is a leading global seed company and subsidiary of UPL, specializing in hybrid seeds for crops including corn, sorghum, sunflower, canola, rice, and vegetables, with presence in over 80 countries and leadership in tropical yellow corn in India, Thailand, Latin America, and sunflower and sorghum in Argentina. On November 19, 2024, Alpha Wave Global invested $350 million to acquire approximately 12.5% stake (12.44% precisely, with 8.93% secondary from UPL and 3.51% primary), valuing Advanta at $2.7 billion pre-money and $2.85 billion post-money. The deal comprises $100 million primary investment for Advanta's growth via organic and inorganic initiatives, and $250 million secondary sale to UPL for deleveraging. This marks the second major external investment in Advanta, following KKR's $300 million stake in October 2022. For FY23, Advanta reported revenue of ₹3,558 crore and EBITDA of ₹921 crore. UPL, holding 86.7% pre-transaction, plans an IPO for Advanta in FY25 targeting $4 billion valuation. The investment from Alpha Wave Ventures II fund leverages Advanta's R&D-driven competitive moats, dominant market positions, and growth potential through customized products and tuck-in acquisitions in the global seeds industry.
Oct 2022Undisclosed stageKKR (lead)$300M$2.3BAdvanta Enterprises, a subsidiary of UPL Ltd., is a global seeds platform focused on sustainable agriculture, providing farmers with locally adapted high-performing hybrid seeds developed through decades of research and advanced plant breeding technologies. It offers a diversified portfolio of over 900 hybrids across more than 40 crops, including leadership in tropical and subtropical corn, forages, grain sorghum, sunflower, canola, rice, and vegetables, with presence in 84 countries across Africa, Asia, Australia, Europe, the United States, and Latin America. Advanta ranks highly in the Access to Seeds Index, 4th in Africa and 2nd in South and Southeast Asia for efforts to boost smallholder farmer productivity. In October 2022, KKR announced a $300 million investment for a 13.33% stake in Advanta through its Global Impact Fund, valuing the company at approximately $2.25 billion equity valuation. The transaction, part of UPL's corporate realignment to create standalone platforms including Global Seeds, was completed in December 2022 with Rs. 2,474 crore (~$300 million) invested. Post-investment, Advanta operates as a standalone platform, leveraging KKR's expertise in strategic carve-outs, agriculture, and ESG practices to pursue growth via organic expansion, bolt-on acquisitions, and enhanced global reach. The investment targets opportunities in the $40-50 billion global seed market amid challenges like climate change, geopolitical tensions, and food security needs. KKR aims to support Advanta's role in enhancing farmer yields, herbicide resistance, disease tolerance, and livelihoods for smallholder farmers supplying up to 34% of world food. Subsequent developments include Alpha Wave's 2023 investment for 12.5% stake at ~$2.8 billion valuation and UPL exploring an IPO in 2025 potentially raising $500 million at ~$4 billion valuation, with UPL holding 78% post-reorganization.

Who has invested in Advanta Seeds?

2 investors have backed Advanta Seeds across its funding rounds, including KKR and Alpha Wave Global.

Lead investors include Alpha Wave Global and KKR.


Advanta Seeds Investors

Investors in Advanta Seeds by funding rounds participated
InvestorHQRoundsRoleFirst check

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Acquisitions by Advanta Seeds

Advanta Seeds has acquired 1 company to date.

Last acquisition by Advanta Seeds was on August 15th 2026. Advanta Seeds acquired Misr Hytech Seed for $110M.


Latest Acquisitions by Advanta Seeds

Misr Hytech Seed
Description
Cairo-based Misr Hytech Seed develops hybrid seeds for white corn, yellow corn, grain sorghum, fodder sorghum, sweet corn, and vegetables adapted to Egyptian climates. As a leading provider, the company employs advanced breeding and conditioning technologies to supply high-yield varieties to farmers nationwide. Misr Hytech offers technical agronomy services, including crop advisory and field trials, supporting increased productivity in the Nile Delta and desert regions.
HQ CountryEgypt
HQ City
Cairo
Deal Date15 Aug 2026
Valuation$110M
EV/Revenue
EV/EBITDA

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Advanta Seeds Competitors

Advanta Seeds competitors include listed companies like Bakkafrost, KWS SAAT, Olam Group and ScottsMiracle-Gro, and private ones like Tridge and Shiji Biotechnology.

Public and private companies comparable to Advanta Seeds
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
BakkafrostNorwayNorwayPublicly listed$1.1B$241M$2.7B3.0x
TridgeSouth KoreaSeoulPrivate$89M-$2.7B-
KWS SAATGermanyGermanyPublicly listed$1.9B$371M$2.9B1.3x
Shiji BiotechnologyChinaHefeiPrivate--$2.7B-
Olam GroupSingaporeSingaporePublicly listed$23B$1.6B$3B0.5x
ScottsMiracle-GroUnited StatesUnited StatesPublicly listed$3.4B$426M$3.1B1.6x

Advanta Seeds Public Comps

Advanta Seeds is still privately-owned, but its public comps include Bakkafrost, KWS SAAT, Olam Group, ScottsMiracle-Gro, Andersons, Golden Agri-Resources, K+S, BF Group, UIE and Biomar Group.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Bakkafrost$1.1B$241M3.3x3.0x14.6x10.2x
KWS SAAT$1.9B$371M1.3x1.3x6.9x6.3x
Olam Group$23B$1.6B0.4x0.5x6.4x7.9x
ScottsMiracle-Gro$3.4B$426M1.5x1.6x12.3x9.0x
Andersons$11B$315M0.3x0.3x10.5x8.0x
Golden Agri-Resources$13B$1.2B0.5x0.5x5.1x4.6x
K+S$4.2B($1B)0.9x0.8x(3.5x)4.5x
BF Group$1.9B$124M1.4x1.3x21.3x19.5x

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Common questions about Advanta Seeds

When was Advanta Seeds founded?Advanta Seeds was founded in 1994.
Where is Advanta Seeds headquartered?Advanta Seeds is headquartered in UAE.
Is Advanta Seeds publicly listed?No, Advanta Seeds is a private, VC-backed company.
What is Advanta Seeds' valuation?Advanta Seeds was last valued at $2.8B in its secondary sale in November 2024.
How much funding has Advanta Seeds raised?Advanta Seeds has raised $300M across 1 funding round.
What was Advanta Seeds' last funding round?Advanta Seeds' last funding round was a $300M undisclosed-stage round in October 2022, led by KKR.
Who are Advanta Seeds' investors?Advanta Seeds' investors include KKR and Alpha Wave Global.
What is Advanta Seeds' revenue?Advanta Seeds' latest recorded revenue is $381M (November 2024).
What is Advanta Seeds' revenue multiple?Advanta Seeds' latest valuation implies a 7.3x revenue multiple ($2.8B valuation on $381M of revenue).
Which companies are comparable to Advanta Seeds?Companies comparable to Advanta Seeds include Bakkafrost, Tridge, KWS SAAT, Shiji Biotechnology, Olam Group and ScottsMiracle-Gro.
How many companies has Advanta Seeds acquired?Advanta Seeds has acquired 1 company, including Misr Hytech Seed.
What was the largest acquisition by Advanta Seeds?The $110M acquisition of Misr Hytech Seed in August 2026 is the largest acquisition Advanta Seeds has made to date.

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