About Albumedix
Albumedix is a company based in Lyngby (Denmark) founded in 2016 was acquired by Sartorius in August 2022.. The company has 106 employees as of December 31, 2021.
- Headquarter Lyngby, Denmark
- Employees 106 as on 31 Dec, 2021
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Sectors
Healthcare
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Albumedix Ltd
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Annual Revenue
$38.24 M (USD)21as on Dec 31, 2021
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Net Profit
$6.61 M (USD)-2as on Dec 31, 2021
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EBITDA
$7.78 M (USD)-2as on Dec 31, 2021
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Latest Funding Round
$335.35 K (USD), Grant
Sep 01, 2020
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Investors
Sartorius
& 1 more
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Employee Count
106
as on Dec 31, 2021
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Acquired by
Sartorius
(Aug 09, 2022)
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Funding Insights of Albumedix
- Total Funding Total Funding
- Total Rounds 1
- Last Round Grant — $335,353
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First Round
First Round
(01 Sep 2020)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2020 | Amount | Grant - Albumedix | 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 Albumedix
Albumedix has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Sartorius and European Union. 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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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location | |
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Laboratory and biopharmaceutical equipment is developed for production processes.
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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 Albumedix
| 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 - Albumedix
| 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 |
Albumedix Comparisons
Competitors of Albumedix
| 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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Latest news on Albumedix
Frequently Asked Questions about Albumedix
When was Albumedix founded?
Albumedix was founded in 2016 and raised its 1st funding round 4 years after it was founded.
Where is Albumedix located?
Albumedix is headquartered in Lyngby, Denmark. It is registered at Lyngby, Region Hovedstaden, Denmark.
How many employees does Albumedix have?
As of Dec 31, 2021, the latest employee count at Albumedix is 106.
What is the annual revenue of Albumedix?
Annual revenue of Albumedix is $38.24M as on Dec 31, 2021.
What does Albumedix do?
Albumedix was spun-out as a fully owned subsidiary from the Biopharma activities of Novozymes. Albumedix helps biopharmaceutical companies improve patient outcomes with a range of albumin-based products and technologies that facilitate the development of biotherapeutics. Named Recombumin, Albumedixs recombinant albumins are used in the pharmaceutical industry to stabilize drugs and vaccines, extend drug half-life and improve drug delivery (Albumedix offers a first and second generation version of this drug delivery technology under the name Veltis). Their products and technologies are used in clinical and marketed drugs and out-licensed to pharmaceutical and biotech companies. They also use this expertise to strengthen our own drug pipeline. since 2006, Merck has used Albumedixs solutions to produce two vaccines used to treat millions of children worldwide against measles, mumps, rubella and chicken pox. In 2014, Veltis got its commercial breakthrough when GlaxoSmithKline launched a diabetes drug that utilizes the technology, allowing patients to dose weekly instead of daily. In Jan 2016, Albumedix acquired Eleven Therapeutics proprietary Supermin albumin variant assets.
Who are Albumedix's investors?
Albumedix has 2 investors. Key investors include Sartorius, and European Union.
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