What BIOFUNGITEK S.L. does

BIOFUNGITEK S.L. is a Spanish biotechnology company founded in 2008 and headquartered at the Parque Tecnológico de Bizkaia in Derio, operating as a wholly-owned subsidiary of the diversified Basque industrial conglomerate Goizper Group. The company specializes in the research and development of biorational crop protection formulations, built around three proprietary technology platforms: BioKarb (a patented potassium carbonate and bicarbonate formulation platform granted in 2011 that uses bicarbonate as a molecular signal of occupied niche to inhibit fungal growth without generating resistance), biodegradable botanical extracts derived from essential oils with fungicidal, bactericidal, insecticidal, and nematicidal properties, and elicitor molecules designed to induce plant immune responses. The company's multidisciplinary team of six biologists, plant physiologists, chemists, and technicians develops both proprietary branded products and turnkey custom formulation services for third-party agricultural clients.

The product portfolio is sold through three branded SKUs registered in distinct international markets: FLEXITY in Peru (SENASA, 2018) for powdery mildew and botrytis in grapes and blueberries, Vacubyn 58,04 SP in Honduras and Guatemala (2021), and BEREZI in the United States (EPA, 2024). Distribution is B2B and contact-driven, relying on direct inquiry through the company website and email or telephone channels, with no disclosed end-customer logos or pricing. Revenue is not publicly disclosed, and the company has not raised external venture or institutional funding. Strategic positioning is anchored in sustainable agriculture, validated by the 2013 WORLD TECHNOLOGY AWARDS recognition in the Environment category, and supported by institutional affiliations with UPV/EHU, Innobasque, Diputación Foral de Bizkaia, Gobierno Vasco, and Biovegen.

The business model rests on two monetization mechanics: one-time product sales of branded biorational fungicides and other crop protection agents in registered geographies, and custom formulation development services encompassing active ingredient screening, formula optimization, efficacy evaluation, and scale-up delivery. The company's value proposition emphasizes resistance-free fungal control, zero chemical residue accumulation, safety for beneficial organisms, full biodegradability, and complete formulation auto-dissolution to prevent phytotoxicity. Pricing is not publicly disclosed, and end markets consist of agricultural producers and farmers in Spain, Latin America, and the United States, with no named anchor customers or recurring revenue contracts evident in the source material.

Name

BIOFUNGITEK S.L.

Legal name

BIOFUNGITEK, S.L.

Website

https://biofungitek.com

Company type

Private

Founded year

2008

Operating status

Operating

Short description

BIOFUNGITEK S.L. is a Spanish ag-biotech subsidiary of Goizper Group that develops and sells patented biorational crop protection formulations, including BioKarb fungicides and botanical extracts, registered in Peru, Central America, and the United States for agricultural producers.

Ownership category

akta.pro rank

Product category

Crop Protection Products

NAICS

Pesticide and Other Agricultural Chemical Manufacturing (32532), Pesticide and Other Agricultural Chemical Manufacturing (325320)

SIC

Agricultural Chemicals (2870)

akta.pro primary industry

Crop Protection Chemicals (Herbicides/Insecticides/Fungicides) (IMAEAEAI)

akta.pro secondary industry

Botanical Biopesticides & Plant Extracts (Essential Oils, Neem, Pyrethrins) (AFABAEAF)

Keywords

• Biorational crop protection
• Biological fungicide formulations
• Plant disease control
• Sustainable agriculture biotechnology
• Agricultural formulation development

Headquarters

HQ city

Derio (Bizkaia)

HQ country

Spain

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Technology or R&D, Operations, Supply Chain, Marketing or Sales

Revenue model

1. Biorational Crop Protection Products: Sale of proprietary biological and biorational formulations for sustainable crop protection including fungicides, bactericides, insecticides, acaricides, and nematicides based on BioKarb technology, botanical extracts, and elicitors.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

BIOFUNGITEK S.L. researches, develops, and sells biological and biorational crop protection formulations, including the patented BioKarb technology (potassium carbonate/bicarbonate-based fungicides), biodegradable botanical extract formulations, and elicitor molecules that induce plant immune defenses. The company also offers turnkey custom formulation development services for the agricultural industry and sells branded registered fungicides (FLEXITY, Vacubyn 58,04 SP, BEREZI) across Peru, Central America, and the United States.

Product overview

BIOFUNGITEK S.L. is a biotechnology company founded in 2008, part of Goizper Group, specializing in research and development of biological and biorational crop protection formulations. The product portfolio centers on three core technology/product lines: BioKarb Technology (patent-protected potassium carbonate/bicarbonate formulations with preventive and curative antifungal action), Extractos botánicos (100% biodegradable essential oil-based formulations with fungicidal, bactericidal, insecticidal, and nematicidal properties), and Elicitores (molecules inducing plant immune responses). The company also offers custom formulation development services (Formulaciones a medida) for the agricultural industry. Marketed branded products include FLEXITY, Vacubyn 58,04 SP, and BEREZI fungicides, registered across Peru, Central America, and the United States respectively.

Differentiator

Problem solved

Functional benefit

Brands

• BioKarb: Patented technology for the effective control of phytopathogenic fungi using potassium carbonate and bicarbonate formulations with preventive and curative action.
• FLEXITY
• Vacubyn 58,04 SP
• BEREZI

Products and services

• BioKarb Technology Patent-protected technology platform based on potassium carbonate and bicarbonate formulations for effective control of fungal phytopathogens (powdery mildew, botrytis, rust, downy mildew, black sigatoka) with preventive and curative action, complete autodissolution, and no phytotoxicity. Marketed to the agricultural industry.
• Extractos botánicos (Botanical Extracts) 100% biodegradable formulations developed from essential oils with zero or very low-risk inerts, providing fungicidal/bactericidal, insecticidal/acaricidal, and nematicidal properties for sustainable crop protection.
• Elicitores (Elicitors) Molecules capable of inducing plant immune systems through self-regulating fungal growth molecules and inactivated phytopathogenic fungi to activate jasmonic acid metabolic pathways.
• Formulaciones a medida (Custom Formulation Development) Turnkey formulation development service for the agricultural industry, encompassing project definition, active ingredient screening, formula development, efficacy evaluation, and final delivery with scaling and packaging guidance.
• FLEXITY Fungicide registered in Peru for control of powdery mildew and botrytis in grapes and blueberries.
• Vacubyn 58,04 SP Fungicide registered in Honduras and Guatemala for fungal disease control in crops.
• BEREZI Fungicide registered in the United States (EPA Reg. No. 94218-2) for sustainable crop protection.

Quantifiable outcome

• Application frequency adapted to sporulation time of biological target (5-7 days)
• +1 more outcomes

Segments1 record

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Six partnerships are on record, tiered core and minor.

• Goizper GroupcoreStrategic or Co-development Partner · 1 January 2008Biofungitek is a biotechnology company belonging to Goizper Group, located at Parque Tecnológico de Bizkaia. Goizper Group is a Basque industrial group with divisions in industrial, spraying, and biotechnology sectors headquartered in Antzuola, Gipuzkoa.
• UPV/EHU (University of the Basque Country)minorStrategic or Co-development PartnerUniversity of the Basque Country affiliated institution shown in partner/institution logos section.
• Diputación Foral de BizkaiaminorStrategic or Co-development PartnerProvincial government institution shown in partner logos supporting regional innovation.
• Gobierno Vasco (Basque Government)minorStrategic or Co-development PartnerBasque Government institution shown in partner logos supporting regional innovation.
• BiovegenminorStrategic or Co-development PartnerBiovegen is a biotechnology organization shown in partner logos, likely a sectoral association for plant biotechnology.
• InnobasqueminorStrategic or Co-development PartnerBasque innovation agency shown in partner logos supporting innovation initiatives.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Seipasa: Spanish biorational crop protection company developing botanical-based biopesticides and biostimulants with similar technology positioning and Iberian origin, competing in the same niche biofungicide/bioinsecticide category.
• Symborg: Spanish ag-biotech company (now part of Corteva) specializing in microbial-based biostimulants and biocontrol products, closely comparable as a Spanish biorational agriculture peer with similar target customers and product philosophy.
• Certis Biologicals: US-based biopesticide manufacturer offering biofungicides and biorational products including bicarbonate-based formulations, directly competing with Biofungitek in sustainable crop protection.
• BioWorks: North American biological crop protection company offering biofungicides and biorational products, comparable as a focused biological inputs supplier serving specialty crop growers.
• Marrone Bio Innovations (now ProFarm): Developer and marketer of bio-based pest management and plant health products for crop protection, comparable as a dedicated biorational and biological crop inputs company with similar positioning.
• Koppert Biological Systems: Global leader in biological crop protection offering biofungicides, biostimulants, and biocontrol products; comparable as a broad biorational and biocontrol specialist serving the same agricultural customer base.
• Eden Research: UK-based sustainable crop protection company developing biorational fungicides from natural sources, comparable as a small-cap specialist in biocontrol/biofungicide technology with similar regulatory-driven business model.

Regional players

• Bioiberica: Spanish biotechnology company producing agricultural biostimulants and biorational products, comparable as a Spanish regional peer with overlapping agricultural biotech capabilities and Iberian market presence.
• AgroSavdo (Agricover): Biostimulant and crop nutrition company serving agricultural markets with biorational product lines, comparable as an emerging regional player in agricultural biotechnology.

Broad incumbents

• Bioceres Crop Solutions: Argentina-headquartered agricultural biotechnology company offering biological inputs and crop protection products across LATAM, comparable as a broader biological crop solutions provider with overlapping LATAM geographies.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/biofungitek-s.l.

Revenue estimate

Valuation estimate

Number of profiles

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 BIOFUNGITEK S.L.