Zhongxin Breeding Valuation, Funding & Investors

Zhongxin Breeding is valued at $1.2B as of March 2023.

Last Zhongxin Breeding valuation

$1.2B

Seed · Mar 2023

Last Zhongxin Breeding funding round

$6M

Seed · Mar 2023

Cumulative funding Zhongxin Breeding raised

$330M

across 2 funding rounds

Key investors in Zhongxin Breeding

  • Hengjian Holding
  • Beijing Shining Investment Management
  • Dongcheng Breeding Pig
  • Guanghua Agricultural Assets

Zhongxin Breeding Overview

About Zhongxin Breeding

Zhongxin Breeding is a China-based pig breeding service provider supplying superior genetics for commercial hog operations and pork production chains.


Founded

2021

HQ

ChinaGuangzhou

Status

Privately held

Customer focus

B2B

Revenue model

Services

Valuation

$1.2B (Mar 2023)

Zhongxin Breeding Valuation

Zhongxin Breeding is currently valued at $1.2B, based on its seed round in March 2023.

Zhongxin Breeding's valuation has moved from $1.4B at its seed round in October 2022 to $1.2B in March 2023, across 2 priced rounds.

Zhongxin Breeding valuation by funding round

Zhongxin Breeding valuation by funding round
DateStageValuation
Mar 2023Seed$1.2B
Oct 2022Seed$1.4B

Zhongxin Breeding Funding History

Zhongxin Breeding has raised a total of $330M across 2 funding rounds.

Zhongxin Breeding's first fundraising round was a $324M seed round in October 2022. The most recent completed round was a $6M seed round in March 2023.

Zhongxin Breeding funding rounds

Zhongxin Breeding funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Mar 2023Seed-$6M$1.2BZhongxin Breeding raised $327 million in 2022 to develop pig genomics in China, addressing the issue where 80% of pork genetics were imported from foreign breeds. This round was one of the largest in the AgriTech sector that year, alongside Plenty's $400 million and Gotham Greens' $310 million, contributing to $3.2 billion raised across 63 deals in 2022. The company operates in the biologicals, seeds, and agricultural inputs category.
Oct 2022SeedDongcheng Breeding Pig; Hengjian Holding; Beijing Shining Investment Management; Guanghua Agricultural Assets$324M$1.4B-

Who has invested in Zhongxin Breeding?

4 investors have backed Zhongxin Breeding across its funding rounds, including Hengjian Holding, Beijing Shining Investment Management, Dongcheng Breeding Pig and Guanghua Agricultural Assets.


Zhongxin Breeding Investors

Investors in Zhongxin Breeding by funding rounds participated
InvestorHQRoundsRoleFirst check
Dongcheng Breeding PigChinaChina1ParticipantOct 2022
Hengjian HoldingChinaGuangdong1ParticipantOct 2022

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Zhongxin Breeding Competitors

Zhongxin Breeding competitors include listed companies like FMC, Omnia Holdings, Betagro and Sipef, and private ones like eFishery and Nxin.

Public and private companies comparable to Zhongxin Breeding
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
FMCUnited StatesUnited StatesPublicly listed$3.5B($1.5B)$1.3B1.4x
Omnia HoldingsSouth AfricaSouth AfricaPublicly listed$1.5B$169M$1.2B0.7x
BetagroThailandThailandPublicly listed$3.7B$417M$1.2B0.5x
SipefBelgiumBelgiumPublicly listed$570M$245M$1.3B2.0x
eFisheryIndonesiaBandungPrivate$157M-$1.4B-
NxinChinaBeijingPrivate--$1.1B-

Zhongxin Breeding Public Comps

Zhongxin Breeding is still privately-owned, but its public comps include FMC, Omnia Holdings, Betagro, Sipef, Braiin, Société de fabrication des boissons de Tunisie, NADEC, NPK International, Tessenderlo Group and AEP Plantations.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
FMC$3.5B($1.5B)1.5x1.4x(3.5x)7.2x
Omnia Holdings$1.5B$169M0.7x0.7x6.6x6.2x
Betagro$3.7B$417M0.5x0.5x4.5x5.0x
Sipef$570M$245M2.2x2.0x5.0x4.9x
Braiin$73M($15M)15.8x13.0x(76.1x)89.6x
Société de fabrication des boissons de Tunisie$505M$160M2.6x2.6x8.2x8.1x
NADEC$941M$179M1.0x1.0x5.1x5.2x
NPK International$277M$73M3.9x3.6x14.9x11.9x

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Common questions about Zhongxin Breeding

When was Zhongxin Breeding founded?Zhongxin Breeding was founded in 2021.
Where is Zhongxin Breeding headquartered?Zhongxin Breeding is headquartered in Guangzhou, China.
Is Zhongxin Breeding publicly listed?No, Zhongxin Breeding is a private, VC-backed company.
What is Zhongxin Breeding's valuation?Zhongxin Breeding was last valued at $1.2B in its seed round in March 2023.
How much funding has Zhongxin Breeding raised?Zhongxin Breeding has raised $330M across 2 funding rounds.
What was Zhongxin Breeding's last funding round?Zhongxin Breeding's last funding round was a $6M seed round in March 2023.
Who are Zhongxin Breeding's investors?Zhongxin Breeding's investors include Dongcheng Breeding Pig, Hengjian Holding, Beijing Shining Investment Management and Guanghua Agricultural Assets.
Which companies are comparable to Zhongxin Breeding?Companies comparable to Zhongxin Breeding include FMC, Omnia Holdings, Betagro, Sipef, eFishery and Nxin.

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