About Akron Biotech
Akron Biotech is a company based in Boca Raton (United States) founded in 2006 was acquired by Arcline in September 2019.. The company has 26 employees as of December 31, 2024. Akron Biotech offers products and services including Cytokines and Growth Factors and Plasmid DNA Manufacturing.
- Headquarter Boca Raton, United States
- Employees 26 as on 31 Dec, 2024
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Sectors
Healthcare
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Phone
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Website
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Social
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- Legal Name Akron Biotech
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Products & Services of Akron Biotech
Akron Biotech offers a comprehensive portfolio of products and services, including Cytokines and Growth Factors and Plasmid DNA Manufacturing. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Cytokines and growth factors are provided in cGMP-compliant formats to support cell therapy processes.
Plasmid DNA and enzymes are manufactured for gene therapy and vaccine applications under strict compliance standards.
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Funding Insights of Akron Biotech
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
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First Round
First Round
(01 Aug 2014)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2017 | Amount | Series B - Akron Biotech | Valuation | Broadoak Capital Partners |
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| Aug, 2014 | Amount | Grant - Akron Biotech | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Akron Biotech
Akron Biotech has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include HHS, Broadoak Capital Partners and Arcline Investment Management. 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.
| Investor | Description | Founded Year | Domain | Location |
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Arcline Investment Management is focused on investing in critical industries.
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Founded Year | Domain | Location | |
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Investment banking services are offered in the United States.
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Founded Year | Domain | Location | |
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Public health and human services are overseen by HHS.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Akron Biotech
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Akron Biotech
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Akron Biotech Comparisons
Competitors of Akron Biotech
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Akron Biotech
When was Akron Biotech founded?
Akron Biotech was founded in 2006 and raised its 1st funding round 8 years after it was founded.
Where is Akron Biotech located?
Akron Biotech is headquartered in Boca Raton, United States. It is registered at Boca Raton, Florida, United States.
How many employees does Akron Biotech have?
As of Dec 31, 2024, the latest employee count at Akron Biotech is 26.
What does Akron Biotech do?
Manufacturer of cGMP-compliant ancillary materials for cell and gene therapies. This includes cytokines, growth factors, nucleases, human plasma-derived products, media, media supplements, and transfectiontransduction reagents. The company also provides plasmid DNA and enzyme manufacturing services, as well as custom media and buffer development and manufacturing. Services encompass end-to-end ancillary material support for cell and gene therapy development and commercialization. They offer ready-to-use GMP liquid cytokines and closed system solutions.
What products or services does Akron Biotech offer?
Akron Biotech offers Cytokines and Growth Factors and Plasmid DNA Manufacturing.
Who are Akron Biotech's investors?
Akron Biotech has 3 investors. Key investors include HHS, Broadoak Capital Partners, and Arcline Investment Management.