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- Provivi
Provivi Funding, Investors & Competitors
Provivi has raised $206M across 8 funding rounds, most recently a $26M undisclosed-stage round in April 2026.
Last Provivi funding round
$26M
Undisclosed stage · Apr 2026
Cumulative funding Provivi raised
$206M
across 8 funding rounds
Key investors in Provivi
Kairos Ventures
Spruce Capital Partners
BASF Venture Capital
Lanx Capital
Temasek
Aliment Capital
Tybourne Capital Management
Vivo Capital
About Provivi
Provivi is a Santa Monica-based agtech company commercializing biopesticides from Caltech-developed biocatalysis, including Provivi 506 for mating disruption in crops like almonds, rice, and tomatoes. Its products replace synthetic pheromones with plant-based alternatives, approved by U.S. EPA and used on 500,000 acres annually. Founded in 2013, Provivi partners with Corteva and Sumitomo Chemical.
Founded
2013
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Product sales
Provivi Funding History
Provivi has raised a total of $206M across 8 funding rounds.
Provivi's first fundraising round was a $1M seed round in March 2015. The most recent completed round was a $26M undisclosed-stage round in April 2026.
Provivi funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Apr 2026 | Undisclosed stage | - | $26M | - |
| Aug 2024 | Undisclosed stage | Kairos Ventures; Lanx Capital; Spruce Capital Partners; BASF Venture Capital | $10M | Provivi announced that it had closed an equity financing of more than US$10.4 million in August 2024. Kairos Ventures led the round, with participation from BASF Venture Capital, Lanx Capital and Spruce Capital. The company stated that the transaction brought cumulative capital raised to more than US$230 million. Provivi develops pheromone-based insect control products for agricultural crops, using compounds that interfere with pest reproduction rather than relying solely on conventional insecticides. Its applications include large-acreage row crops and higher-value crops such as fruit. At the time of the financing, its products were being used for corn in Mexico, soybean, corn and cotton in Brazil, and rice in Indonesia. The company identified pests including fall armyworm and rice stem borer as targets for its technology. The financing supported continued commercialization of its insect-control approach and expansion of its agricultural business. |
| Feb 2021 | Series C | Bill & Melinda Gates Foundation (lead) | $10M | Provivi is a crop protection startup developing pheromone-based insect control technologies using enzymes to produce pheromones cost-effectively, targeting pests in row crops and high-value crops. The company focuses on products for smallholder farmers in developing countries, including fall armyworm in corn and rice stem borer in rice, with applications in Kenya, Bangladesh, India, Brazil, and Indonesia. Founded in 2013 by Caltech professor Frances H. Arnold, Provivi had raised approximately $160 million in total funding prior to this round from investors like Pontifax AgTech, Temasek, and Vivo Capital. On February 23-24, 2021, Provivi closed a Series C - III round raising $10 million led by the Bill & Melinda Gates Foundation, part of its ongoing Series C efforts following a $45.5 million Series C2 in December 2020 and an $85 million Series C in 2019. The Gates Foundation investment supports development of pheromone products for smallholder farmers in low-income regions to combat key pests. Provivi had secured regulatory approvals in Brazil and Indonesia by early 2021 and aimed to scale production to meet demand in 2021-2022. The Gates Foundation listed the investment as direct equity in its active portfolio under Agricultural Development, with partner Richard Holmes leading. |
| Dec 2020 | Series C | Vivo Capital (lead); Kairos Ventures; Temasek; Lanx Capital; Tybourne Capital Management; Aliment Capital; Spruce Capital Partners | $46M | Provivi is a Santa Monica, California-based agricultural biotechnology company that develops pheromone-based pest control products for crop protection. The company's flagship product is a pheromone for the fall armyworm, which impacts corn crops in regions including Mexico, Japan, and Africa. In December 2020, Provivi announced a $45.5 million Series C2 round led by Vivo Capital, with participation from Spruce Capital Partners, Temasek, Tybourne Capital Management, Lanx Capital, and Kairos Ventures. This round brought the company's total disclosed funding to $160 million across its funding history, which included an $85 million Series C closed in October 2019. As part of the Gates Foundation's $10 million investment in the round, Provivi committed to developing affordable versions of its products for smallholder farmers in Kenya, Bangladesh, and India, using a model similar to TOMS shoes where commercial sales fund subsidized products for emerging markets. The company had been operating in Kenya for over two years prior to the round and was focused on scaling production to meet emerging demand, with new regulatory approvals secured in Brazil and Indonesia during 2020. |
| Oct 2019 | Series C | Aliment Capital (lead); Temasek (lead); Kairos Ventures; Lanx Capital; Tybourne Capital Management; Spruce Capital Partners; BASF Venture Capital | $85M | Provivi is a crop protection company developing scalable, safer insect control technology using pheromones produced via biocatalysis to disrupt pest mating and protect crops. Founded in 2013 by Caltech professor Frances H. Arnold and others, it targets row crops and high-value agriculture where traditional pheromones were too costly. The company focuses on sustainable alternatives to chemical pesticides amid pest resistance and regulatory pressures. Competitors include Bayer, BASF, Syngenta; market needs eco-friendly pest control for invasive pests causing billions in losses. On October 15, 2019, Provivi completed an $85 million Series C financing round, co-led by Pontifax AgTech and a global investment fund, with participation from new investor Tybourne Capital Management and existing backers including Kairos Ventures, Spruce Capital, Lanx Capital, and BASF Venture Capital. Proceeds fund scaling production, field trials, regulatory approvals, and global product launches for pheromone solutions. The round built on prior funding: Series A $7.5M (2015), Series B $21M (2017), followed by debt $20M (2020), additional Series C tranches $45.5M (Dec 2020), $10M (Feb 2021 from Bill & Melinda Gates Foundation), totaling over $190M. Products demonstrated efficacy in row crops; later Gates funding targeted smallholder farmers in Kenya, Bangladesh, India against rice stem borer and fall armyworm. |
| Nov 2017 | Series B | Kairos Ventures (lead); Spruce Capital Partners (lead); DuPont; BASF Venture Capital | $21M | - |
| Sep 2015 | Series A | Kairos Ventures (lead) | $8M | Provivi develops safe and sustainable pest control solutions using natural insect pheromones for mating disruption in agriculture. The company, a Kairos Ventures portfolio investment from 2015, focuses on protecting crops without killing insects or harming ecosystems. Kairos Ventures has board representation via Jim Demetriades. Provivi has raised subsequent rounds, including a $45.5 million financing to expand global launch and an $85 million Series C co-led by Pontifax and others, with participation from Kairos Ventures, BASF Venture Capital, and new investor Tybourne Capital Management. The Series C supports pheromone product launches and scaling production demonstrated in row crop field trials. |
| Mar 2015 | Seed | - | $1M | - |
Who has invested in Provivi?
10 investors have backed Provivi across its funding rounds, including Kairos Ventures, Spruce Capital Partners, BASF Venture Capital, Lanx Capital, Temasek and Aliment Capital.
Lead investors include Bill & Melinda Gates Foundation, Vivo Capital, Aliment Capital, Temasek, Kairos Ventures and 1 other investor.
Provivi Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 5 | Lead | Sep 2015 | ||
| 4 | Lead | Nov 2017 | ||
| 3 | Participant | Oct 2019 | ||
| 3 | Participant | Nov 2017 | ||
| 2 | Lead | Oct 2019 | ||
| 2 | Participant | Oct 2019 | ||
| 2 | Lead | Oct 2019 | ||
| 1 | Participant | Nov 2017 | ||
This data is available for Pro users. Sign up to see all 10 Provivi investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialProvivi Competitors
Provivi competitors include listed companies like CF Industries, Qinghai Salt Lake Industry, Industries Qatar and SABIC Agri-Nutrient, and private ones like Shiji Biotechnology and Biobest.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $7.1B | $3.2B | $20B | 3.1x | ||
| Publicly listed | $2.3B | $1.2B | $20B | 4.5x | ||
| Publicly listed | $4.4B | $1.6B | $17B | 4.4x | ||
| Publicly listed | $3.5B | $1.4B | $16B | 4.1x | ||
| Private | - | - | $2.7B | - | ||
| Private | - | - | $1.5B | - |
Provivi Public Comps
Provivi is still privately-owned, but its public comps include Eli Lilly, Johnson & Johnson, AbbVie, Merck, Roche, Novartis, AstraZeneca, Amgen, Novo Nordisk and Gilead Sciences.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $65B | $28B | 16.5x | 13.1x | 38.7x | 27.0x | |||
| $94B | $40B | 7.2x | 6.8x | 17.0x | 18.3x | |||
| $61B | $17B | 8.7x | 8.1x | 30.6x | 17.6x | |||
| $65B | $28B | 6.3x | 6.2x | 14.7x | 21.0x | |||
| $77B | $26B | 5.0x | 4.9x | 14.6x | 12.4x | |||
| $57B | $22B | 5.5x | 5.5x | 14.2x | 13.3x | |||
| $59B | $19B | 4.8x | 4.5x | 14.6x | 12.7x | |||
| $37B | $17B | 6.8x | 6.5x | 14.8x | 14.4x | |||
This data is available for Pro users. Sign up to see all Provivi competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Provivi
| When was Provivi founded? | Provivi was founded in 2013. |
| Where is Provivi headquartered? | Provivi is headquartered in Los Angeles, CA, United States. |
| Is Provivi publicly listed? | No, Provivi is a private, VC-backed company. |
| How much funding has Provivi raised? | Provivi has raised $206M across 8 funding rounds. |
| What was Provivi's last funding round? | Provivi's last funding round was a $26M undisclosed-stage round in April 2026. |
| Who are Provivi's investors? | Provivi's investors include Kairos Ventures, Spruce Capital Partners, Lanx Capital, BASF Venture Capital, Temasek, Tybourne Capital Management, Aliment Capital, DuPont, Bill & Melinda Gates Foundation and Vivo Capital. |
| Which companies are comparable to Provivi? | Companies comparable to Provivi include CF Industries, Qinghai Salt Lake Industry, Industries Qatar, SABIC Agri-Nutrient, Shiji Biotechnology and Biobest. |
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