Abveris

Quincy, United States Founded: 2014 • Age: 12 yrs Acquired By Twist Bioscience
Monoclonal antibodies are discovered rapidly using transgenic rodents.
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About Abveris

Abveris is a company based in Quincy (United States) founded in 2014 by Garren Hilow was acquired by Twist Bioscience in November 2021.. Abveris has raised $1 million across 1 funding round from investors including Twist Bioscience. Abveris operates in a competitive market with competitors including KBI Biopharma, GenScript, Sino Biological, EirGenix and Aldevron, among others.

  • Headquarter Quincy, United States
  • Founders Garren Hilow
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Healthcare → Biotechnology, Genomics & Life Sciences Research
Healthcare → Healthcare Services & Infrastructure
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $1 M (USD)

    in 1 rounds

  • Latest Funding Round
    $1 M (USD), Seed

    Oct 11, 2019

  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Twist Bioscience

    (Nov 25, 2021)

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People of Abveris
Headcount 10-50
Employee Profiles 22
Employee Profiles
People
Roxann Guerrette
Alliance Manager
People
Feng Gao
Director, Molecular Biology & Antibody Engineering
People
Braedon Williams
Research Associate
People
Vishal Kamat
Director, Antibody Characterization

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Funding Insights of Abveris

Abveris has successfully raised a total of $1M through 1 strategic funding round. The most recent funding activity was a Seed round of $1 million completed in October 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 1
  • Last Round Seed — $1.0M
  • First Round

    (11 Oct 2019)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2019 Amount Seed - Abveris Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Abveris

Abveris has secured backing from 1 investor. Prominent investors backing the company include Twist Bioscience. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Investor Description Founded Year Domain Location
Synthetic DNA is synthesized via a semiconductor-based platform.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Abveris

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Abveris

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Abveris Comparisons

Employees
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Competitors of Abveris

Abveris operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as KBI Biopharma, GenScript, Sino Biological, EirGenix and Aldevron, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Provider of protein formulation, process & cell line development, and cGMP services
domain founded_year HQ Location
Reagents and instruments are provided for life sciences research.
domain founded_year HQ Location
Reagents and kits are provided for clinical research applications.
domain founded_year HQ Location
Biologics development and manufacturing services are offered by EirGenix.
domain founded_year HQ Location
Developer and custom manufacturer of nucleic acids, proteins and antibodies for research, clinical and commercial applications
domain founded_year HQ Location
Developer of therapeutics for microbiome based diseases
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

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Frequently Asked Questions about Abveris

When was Abveris founded?

Abveris was founded in 2014 and raised its 1st funding round 5 years after it was founded.

Where is Abveris located?

Abveris is headquartered in Quincy, United States.

Who is the current CEO of Abveris?

Garren Hilow is the current CEO of Abveris. They have also founded this company.

Is Abveris a funded company?

Abveris is a funded company, having raised a total of $1M across 1 funding round to date. The company's 1st funding round was a Seed of $1M, raised on Oct 11, 2019.

What does Abveris do?

Abveris was founded in 2014 and is based in Quincy, United States, within the biotechnology sector. Transgenic rodents are utilized by the company to generate hybridomas that produce more immunogenic antibodies. Services encompass custom antibody production for therapeutic uses, monoclonal antibody manufacturing, and provision of antibodies as reagents for research applications. Operations focus on enhancing antibody immunogenicity through advanced hybridoma technology.

Who are the top competitors of Abveris?

Abveris's top competitors include KBI Biopharma, Sino Biological and GenScript.

Who are Abveris's investors?

Abveris has 1 investor. Key investors include Twist Bioscience.

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