Biodel AG
Proprietary Solutions to Restore Soil Health, Save Water & Sequester CO2
Overview
Raised: $145,181
Rolling Commitments ($USD)
01/30/2023
$981
134
2015
Farming & Agriculture
AgriTech
B2B/B2C
Medium
Low
Summary Profit and Loss Statement
Most Recent Year | Prior Year | |
---|---|---|
Revenue |
$372,565 |
$220,004 |
COGS |
$162,633 |
$100,885 |
Tax |
$4,469 |
$50 |
| ||
| ||
Net Income |
$-250,988 |
$-348,058 |
Summary Balance Sheet
Most Recent Year | Prior Year | |
---|---|---|
Cash |
$67,592 |
$4,998 |
Accounts Receivable |
$49,581 |
$4,600 |
Total Assets |
$1,797,782 |
$1,424,850 |
Short-Term Debt |
$496,130 |
$487,188 |
Long-Term Debt |
$197,655 |
$5,000 |
Total Liabilities |
$693,785 |
$492,188 |
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Edge
Moonshot companies are tricky to evaluate. By definition, moonshots are bold, audacious, innovative attempts to solve massive problems. And if the solution is successful, it can be immensely profitable for investors and beneficial for society.
Moonshots are also incredibly risky. Such innovative solutions are difficult to build. And often, it takes a long time before society adopts a moonshot solution. It’s hard to overcome decades of doing something the same way.
That’s why timing is incredibly important when investing in moonshots. We know that many early stage moonshot companies are at least a decade away from succeeding. Investing in them often means waiting a long time before seeing any returns.
But every now and then, a moonshot company arrives on the scene at precisely the right moment — when a problem is so big and pressing that the world needs to adopt a working solution right away. And if a moonshot company has a working solution — and clear pathway to growth and monetization — that dramatically reduces the company’s risk profile and makes it extremely attractive to startup investors.
We believe Biodel AG is one of these special moonshot companies.
Founder Profile
Biodel AG Founder Ben Cloud on How Bacteria is Revitalizing Soil
Bacteria are one of the most overlooked forms of life on Earth. But despite their size, they have big jobs and are an important part of our ecosystem. Among these ecosystem supporters are cyanobacteria. They are part of a group called autotrophs, meaning they produce their own energy via photosynthesis.
Biodel AG is harnessing the power of these amazing little organisms to bring sustainability and soil regeneration into agriculture. We spoke with founder and CEO Ben Cloud about the potential of its soil additive to revitalize farmland.
Note: This interview was conducted over phone and email. It has been lightly edited for clarity and length.