Biocode

What Biocode does

Biocode Oy is a Helsinki-based SaaS company that provides a carbon footprint calculator platform purpose-built for the food industry, serving food brands, food product companies, producers, and farmers. Its platform comprises three core calculators: a Food Product Carbon Footprint Calculator using life cycle assessment methods, a Company GHG Emission Calculator covering Scope 1-3 per the GHG Protocol, and a Primary Production Calculator for field-level emissions and soil carbon sequestration. Underlying the calculators is a database of over 2,000 expert-modelled emission factors tailored to the food supply chain, with each factor carrying documented source and modelling year. The platform also offers an SBTi FLAG calculator (positioned as the first online calculator aligned with GHG Protocol Land Sector & Removals Guidance), custom supplier-specific emission factors, one-click PDF reporting, an Excel export feature, and a public API. Biocode integrates with MyFarm Wisu and Agrineuvos farm management systems, collectively covering up to 90% of Finland's cultivated field area, and its calculation engine is embedded into HKFoods' producer portal via API.

The company operates a hybrid GTM motion combining product-led growth (14-day free trial with no credit card, free personal use tier for farmers and producers, self-serve web signup) with sales-led enterprise engagement (30-minute expert demos, training, support, reporting services, and embedded API integrations). Revenue is generated primarily through SaaS subscriptions for food brands and product companies, supplemented by professional services and a freemium funnel for the producer and farmer segment. The customer base spans enterprise food companies (HKFoods, Snellman, Anton&Anton, Pakkasmarja) and SMBs (Hailia, Marjakatrilli), with adjacent use cases emerging in financial services (Euronet). Biocode was founded in 2017 out of a collaboration between the Association of ProAgria Centers and Mtech Digital Solutions Oy, and is now operated as a subsidiary of Mtech, which reported approximately €13 million turnover and 110 employees in 2024; in November 2025 Mtech Deputy CEO Jarkko Ilomäki assumed the Biocode CEO role, signaling deeper operational integration with the parent.

Name

Biocode

Legal name

Biocode Oy

Website

https://biocode.io

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

1–10 employees

Short description

Biocode is a Finland-based SaaS carbon footprint calculator built for food brands, producers, and farmers, offering product-level LCA, Scope 1-3 corporate GHG accounting, and primary production emissions tools powered by a 2,000+ emission factor database and farm management system integrations.

Ownership category

akta.pro rank

Product category

Sustainability and Carbon Accounting Software

akta.pro primary industry

Enterprise Carbon Accounting & GHG Inventory Platforms (EUABAEAA)

akta.pro secondary industries

Emissions Factors, LCA & Product Carbon Footprint (PCF) Platforms (EUABAEAD), ESG/Sustainability Reporting & Disclosure Platforms (EUABAEAB), Soil & Biomass Carbon Measurement (Soil Sampling, Forest Inventory, Blue Carbon) (EUABACAH)

Keywords

• Carbon footprint software
• Food sustainability reporting
• Life cycle assessment
• Emissions calculation platform
• GHG protocol software

Headquarters

HQ city

Helsinki

HQ country

Finland

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure

Revenue model

1. Software Subscription: Biocode operates primarily as a SaaS carbon footprint calculator. Companies and food brands pay for access to the platform's calculation tools, emission factor database, and reporting features. Training, support, and reporting services are included in paid plans.
2. Freemium for Farmers/Producers: Personal use of the producer calculator is free for farmers and producers. This allows Biocode to capture a large user base in the primary production segment that can later be converted to paid enterprise accounts.
3. Professional Services: Biocode provides expert consultation, training, and support services. LCA and software experts support customers in using the calculator and building new capabilities within their organisations. Expert-led demos and consultations are offered.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels6 records

Core offering

Biocode is a SaaS carbon footprint calculator platform tailored for the food industry. It provides food brands, producers, and farmers with tools to calculate product-level carbon footprints using Life Cycle Assessment (LCA), report corporate Scope 1-3 GHG emissions per the GHG Protocol, and assess field-level primary production emissions including soil carbon sequestration. The platform is built around an emission factor database of over 2,000 expert-modelled factors specific to the food supply chain, and offers AI-assisted data import, PDF reporting, and integrations with farm management systems and ERPs.

Product overview

Biocode is a carbon footprint calculator platform for the food industry, offering a suite of interconnected tools including the Food Product Carbon Footprint Calculator, Company GHG Emission Calculator (Scope 1-3), and Primary Production Calculator. The platform features an Emission Factor Database with over 2,000 emission factors, an SBTi FLAG Calculator for land-sector emissions, and specialized capabilities like PDF reporting, custom emission factors, and AI-powered data import. Integration options via API and farm management system connectors (Wisu, Agrineuvos) enable automated data flows across the value chain.

Differentiator

Problem solved

Functional benefit

Brands

• Biocode Impact: Online service for carbon footprint and emission calculations.

Products and services

• Food Product Carbon Footprint Calculator Product-level carbon footprint calculator for food brands, producers, and farmers using Life Cycle Assessment (LCA) methods supporting cradle-to-gate boundaries.
• Company GHG Emission Calculator Scope 1-3 GHG emissions calculator compliant with the GHG Protocol, enabling companies to calculate and report their corporate carbon footprint.
• Primary Production Calculator Field-level emissions calculator for producers and farmers with soil carbon sequestration calculations, integrated with farm management systems such as MyFarm Wisu and Agrineuvos.
• Emission Factor Database Database of over 2,000 expert-modelled emission factors tailored for food supply chain businesses, covering purchased goods, energy, transportation, packaging, waste, business travel, capital goods, and leased assets. Each factor displays source and modelling year.
• SBTi FLAG Calculator Online calculator for land-sector emissions and removals aligned with SBTi (Science Based Targets initiative) and GHG Protocol Land Sector & Removals Guidance.
• Carbon Footprint Label Classification system comparing product carbon footprints within 26 food product categories, assigning A-E ratings for consumer-facing environmental communication.
• API Integration API connection enabling Biocode's calculation engine to be embedded into third-party systems, allowing data transfers to and from data warehouses, BI tools, ERPs, and financial software.

Quantifiable outcome

• 10% carbon footprint reduction achieved for Hailia's Pulled Small Fish product after identifying nitrogen as major emission source
• +3 more outcomes

Named customers7 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

AI capability4 records

Feature10 records

Partnerships

Four partnerships are on record, tiered core, flagship and founding.

• MyFarm WisucoreTechnology or Integration · 1 September 2025MyFarm Wisu is one of the largest farm management systems in Finland. Integration allows farmers to import emission-related data directly into Biocode's primary production calculator with a few button clicks.
• AgrineuvoscoreTechnology or Integration · 1 September 2025Agrineuvos is a major farm management system in Finland. Together with MyFarm Wisu, integrations cover up to 90% of Finland's cultivated field area, enabling automated data collection for emissions calculations.
• Natural Resources Institute Finland (Luke)flagshipStrategic or Co-development Partner · 1 June 2025Luke developed life cycle models for crop production at field level and for animal farming following EU's Product Environmental Footprint (PEF) method. Biocode built the technical implementation integrated into HKFoods' producer portal. Biocode is the first company in Finland to adopt Luke's Food-LCA calculation method.
• Association of ProAgria CentersfoundingStrategic or Co-development PartnerBiocode was born out of collaboration between Association of ProAgria Centers and Mtech Digital Solutions, driven by the shared goal of reducing carbon dioxide emissions from food production and combating climate crisis. ProAgria provides agricultural expertise.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Persefoni: Carbon accounting and climate-management SaaS for corporates, recently extended into food/agri product footprints — broader scope than Biocode but an overlapping sales motion to ESG and sustainability teams.
• Sweep: European carbon accounting platform with strong CSRD focus and EMEA enterprise customers; parallels Biocode's GHG Protocol methodology but targets general corporate climate programs rather than food-specific PCFs.
• Watershed: Well-funded enterprise carbon accounting platform covering Scope 1-3 across industries; competes with Biocode for the same CSRD/SBTi-driven corporate budget but is industry-agnostic rather than food-specialized.
• Optera: Carbon accounting and decarbonisation platform built for large multinationals; comparable to Biocode's enterprise calculator but with broader industry coverage and deeper consulting-style services.
• Salesforce Net Zero Cloud: Hyperscaler-grade carbon management module on the Salesforce platform; competes for the same enterprise CSRD/SBTi budget as Biocode, particularly with large CPG/food customers already running on Salesforce.

Direct peers

• HowGood: Product sustainability intelligence platform for food and CPG brands, providing ingredient-level impact data and Carboncloud-style PCF metrics — directly comparable to Biocode's food-focused emission-factor and label approach.
• Cool Farm Alliance: Industry alliance operating the Cool Farm Tool, an online carbon calculator for farm-level emissions that competes with Biocode's primary production calculator and FLAG tool across agricultural supply chains.
• Agreena: Denmark-based carbon farming platform issuing soil-carbon certificates to farmers; overlaps with Biocode's field-level/FLAG calculator and serves the same primary-production buyer profile.
• CarbonCloud: Sweden-based PCF platform built specifically for food brands, calculating cradle-to-retail greenhouse-gas footprints per product using a proprietary climate database — the closest direct peer to Biocode's product carbon footprint offering.

Others

• EcoVadis: Sustainability ratings and Scope-3 data provider used by food and CPG procurement teams; adjacent rather than direct, since EcoVadis grades suppliers whereas Biocode runs the underlying PCF calculation.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCSMo0b1wPQFL6JT18KzZYzg
• Facebookfacebook.com/people/Biocode/100089699333131
• LinkedInlinkedin.com/company/biocodeio
• Xx.com/BiocodeIO

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Biocode