FundedIQ
Biotechnology

Biofect Innovations: Funding, Investors & Team (Oct 2026)

Biofect Innovations aims to regularly provide ingredients to the food industry in order to support the creation of affordable and environmentally friendly food products. Through the combination of synthetic biology and fermentation technology, they create microorganisms that can yield resource-intensive components that are comparable to natural ones. They advocate for the sustainable production of nutritious and delicious food items that will have a positive impact on future generations and the environment.

www.biofectinnovations.com LinkedIn Toronto, Canada 1-10 employees
Total raised
$250k
Rounds
2
Latest
Undisclosed round
Oct 2023

Biofect Innovations has raised $250k across 2 funding rounds on record, the most recent an undisclosed round of $100k announced in Oct 2023.

That round is below the $8.1M median round size for Biotechnology companies tracked on FundedIQ over the last two years.

Biofect Innovations Company Profile and Key Stats

Total funding raised
$250k
across 2 rounds on record
Funding rounds on record
2
Latest funding round
Undisclosed round
$100k in Oct 2023
Employees
1-10
reported band
Headquarters
Toronto, Canada

Latest funding round on record: Oct 2023.

Biofect Innovations Funding Rounds

Date
Round
Amount
Undisclosed round
$100k
Undisclosed round
$150k

Biofect Innovations raised $150k in an undisclosed round announced in Jun 2023.

4 months later, an undisclosed round of $100k was announced in Oct 2023.

Biofect Innovations Founders and Leadership Team

Name
Role
Contact
Ralph Delos Santos
Founder
—
Teshager Kefale
Founder
—

No contact details are on record for this team yet.

Biofect Innovations Funding Compared to Other Biotechnology Startups

Segment
Companies
Median round
4,185
$8.1M
3,107
$2.2M

Biofect Innovations' latest round of $100k is below the median round in Biotechnology. Medians cover the last 24 months of disclosed rounds.

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Biofect Innovations Funding FAQs

What does Biofect Innovations do?

Biofect Innovations aims to regularly provide ingredients to the food industry in order to support the creation of affordable and environmentally friendly food products. Through the combination of synthetic biology and fermentation technology, they create microorganisms that can yield resource-intensive components that are comparable to natural ones. They advocate for the sustainable production of nutritious and delicious food items that will have a positive impact on future generations and the environment.

How much funding has Biofect Innovations raised?

Biofect Innovations has raised $250k across 2 rounds on record. The most recent is an undisclosed round of $100k announced in Oct 2023.

When did Biofect Innovations last raise funding?

Biofect Innovations' most recent funding round on record is an undisclosed round of $100k, announced in Oct 2023.

Who founded Biofect Innovations?

FundedIQ lists Ralph Delos Santos (Founder), Teshager Kefale (Founder) at Biofect Innovations.

Where is Biofect Innovations headquartered?

Biofect Innovations is based in Toronto, Ontario, Canada.

How many employees does Biofect Innovations have?

Biofect Innovations is in the 1-10 employee band.

How does Biofect Innovations' funding compare to other Biotechnology startups?

Biofect Innovations' latest round of $100k is below the $8.1M median round size for Biotechnology companies on FundedIQ across 4,185 tracked companies over the last two years.

About FundedIQ's Biofect Innovations Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Biofect Innovations is left off this page rather than filled in.

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