


ChocoFarm Lab, Inc
Farming • Tayasan, Central Visayas, Philippines • 1-10 Employees
Company overview
| Headquarters | Tayasan, Central Visayas, Philippines |
| Website | |
| NAICS | 11 |
| Keywords | Chocolates, Coconuts, Cacao Farming, Acacia Mangiums, Cacao Growing, Cacao Investments, Cacao Processing, Cacao Sub-Farming |
| Founded | 2016 |
| Employees | 1-10 |
Key Contact at ChocoFarm Lab, Inc
Rebo Badayos
Director, Founder
About ChocoFarm Lab, Inc
ChocoFarm Lab focuses on agriculture, specifically the farming and production of cacao in the Philippines. The company aims to contribute to the promotion, development and advancement of cacao industry in the Philippines. Currently, we have four farms at the municipalities of Tayasan and Ayungon in Negros Oriental. Both are located at the heart of the province and is only 2-hour drive away from the capital city, Dumaguete. The 1st farm (Alpha Farm) is about 12 hectares of fertile land located at Barangay Tambulan. The planting started in 2016. Now, most of its cacao trees are more than a year old. Some of them have already started blossoming with flowers while some are already bearing fruits. The 2nd farm (Optimus Farm) is about 20 hectares of fertile land located at Barangay Numnum. The planting of seedlings started in June 2017. In the same year, we acquired the adjacent lot with around 4.5 hectares and started planting on it in August 2017. This is our third farm, the Bumblebee Farm. This pair of farms are completely covered with cacao trees that are growing healthy by the day. In the first quarter of 2018, we have added our area with about 36.5 hectares when we acquired a beautiful land situated at a hilly area of Ayungon, a neighbouring municipality of Tayasan. This marks the beginning of our involvement in agro-forestry as this area is part of the DENR’s protected forests. If you don’t know, cacao trees thrive really well in the forest. We have started planting in the first 6 hectares of this area in first quarter of 2018. To date, we have planted approximately 31,000 trees in 60 hectares of land that are taken cared of by our 31 awesome farmers and caretakers. These trees will yield annually an estimate of 770 metric tons of cocoa beans in due time. We have already laid out our plan for our future, and it definitely smells chocolate. It is our commitment to contribute to cacao development and sustainability.
ChocoFarm Lab, Inc revenue & valuation
| Annual revenue | $171,110 |
| Revenue per employee | $86,000 |
| Estimated valuation?This valuation is estimated based on industry average for the Farming industry and current estimated revenues | $547,552 |
| Total funding | No funding |
Employees by Management Level
Total employees: 1-10
Seniority
Employees
Employees by Department
ChocoFarm Lab, Inc has 1 employees across 1 departments.
Departments
Number of employees
Funding Data
ChocoFarm Lab, Inc has never raised funding before.
ChocoFarm Lab, Inc Tech Stack
Discover the technologies and tools that power ChocoFarm Lab, Inc's digital infrastructure, from frameworks to analytics platforms.
Web servers
JavaScript libraries
Tag managers
JavaScript libraries
Miscellaneous
Video players
UI frameworks
Analytics
Miscellaneous
Hosting
Frequently asked questions
4.8
40,000 users



