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ORF Genetics logo — Global leader in barley biotechnology

ORF Genetics

Global leader in barley biotechnology

Founded 2001 Iceland Iceland 25 employees Grant Total: $210.64M Biotechnology

General Information

Company Name ORF Genetics
Founded Year 2001
Location Iceland Iceland +1
Founders / Decision Makers
Team member Team member
Employees 25
Industries Biotechnology
Funding Stage Grant
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About ORF Genetics

ORF Genetics is a privately-owned Icelandic company founded in 2001. The company has established itself as a global leader in barley biotechnology, with a strong focus on developing innovative solutions for protein production. The company's unique expression system, Orfeus™, utilizes barley grain to produce recombinant proteins more efficiently and safely than traditional methods. ORF Genetics has successfully developed a diverse portfolio of growth factors for various markets including stem cell research, skincare, and cultivated meat. One of the company's notable ventures is ISOKINE™, which offers endotoxin-free growth factors and cytokines at lower list prices compared to market leaders, without compromising on bioactivity. Additionally, the development of BIOEFFECT™, a plant-based anti-aging skincare range, has gained significant traction, being used by over 30% of Icelandic women since its launch in 2010 and being retailed in premium stores such as Harrods and Bergdorf Goodman. The company's latest project, MESOKINE™, presents an innovative solution for the FoodTech industry by producing growth factors for cultivated meat, addressing the environmental and ethical challenges associated with the global meat industry. Notably, ORF Genetics operates in an eco-friendly greenhouse located in an Icelandic lava field, emphasizing its commitment to sustainable practices. In March 2013, the company received a ISK12.50M grant investment from the Technology Development Fund, signaling external validation and support for its pioneering work in biotechnology. ORF Genetics continues to drive innovation in protein production and expand its market impact across diverse industries.

Taxonomy: Protein Expression, Growth Factors, Cytokines, Barley Biotechnology, Stem Cell Research, Skincare, Anti-aging, Cellular Agriculture, Clean Meat, FoodTech, Icelandic Biotech, Recombinant Proteins, Orfeus™ Expression System, Environmental Impact

Funding Rounds & Investors (10)

View All
Funding Stage Amount Investors Lead Investors Date
Grant •••••• 1
Investor
01 Mar 2013
Grant •••••• 1
Investor
01 Mar 2012
Grant •••••• 1
Investor
01 Mar 2011
Grant •••••• 1
Investor
01 Mar 2010
Grant •••••• 1
Investor
01 Mar 2009

View All 10 Funding Rounds

FAQ About ORF Genetics

Global leader in barley biotechnology
ORF Genetics was founded in 2001.
ORF Genetics is headquartered in Iceland.
ORF Genetics operates in the following industries: Biotechnology.
ORF Genetics has approximately 25 employees.
ORF Genetics has completed 10 funding rounds, raising a total of $210.64M. The latest funding stage is Grant.

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