Althea Technologies

San Diego, United States Founded: 1998 • Age: 28 yrs Acquired By Ajinomoto
Clinical drugs and vaccines are manufactured and distributed via contracts.
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About Althea Technologies

Althea Technologies is a company based in San Diego (United States) founded in 1998 by Francois Ferre was acquired by Ajinomoto in March 2013.. Althea Technologies has raised $23 million across 1 funding round from investors including Ajinomoto and Telegraph Hill Partners. Althea Technologies offers products and services including Smålån Service, Forbrukslån Service, and Refinansiering Service. Althea Technologies operates in a competitive market with competitors including Suanfarma, Enzene Biosciences, Hybio Pharmaceutical, Nephron Pharmaceuticals and Kardigan, among others.

  • Headquarter San Diego, United States
  • Founders Francois Ferre
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Healthcare → Healthcare Services & Infrastructure
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $23 M (USD)

    in 1 rounds

  • Latest Funding Round
    $23 M (USD), Series C

    Jan 09, 2007

  • Investors
    Ajinomoto

    & 1 more

  • Employee Count
    Employee Count
  • Acquired by
    Ajinomoto

    (Mar 06, 2013)

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Products & Services of Althea Technologies

Althea Technologies offers a comprehensive portfolio of products and services, including Smålån Service, Forbrukslån Service, and Refinansiering Service. 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.

Primary

Provides information on small unsecured loans up to 70,000 kroner

Offers guidance on consumer loans for various personal needs

Advises on consolidating debts for better interest rates

Funding Insights of Althea Technologies

Althea Technologies has successfully raised a total of $23M through 1 strategic funding round. The most recent funding activity was a Series C round of $23 million completed in January 2007. 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 Series C — $23.0M
  • First Round

    (09 Jan 2007)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2007 Amount Series C - Althea Technologies Valuation

investors

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

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investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

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Investors in Althea Technologies

Althea Technologies has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Ajinomoto and Telegraph Hill Partners. 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
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital firm focused on life science, medical device and healthcare companies
Founded Year Domain Location
Multi-category food and beverage products are manufactured globally.
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 Althea Technologies

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 - Althea Technologies

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

Althea Technologies Comparisons

Employees
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Competitors of Althea Technologies

Althea Technologies 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 Suanfarma, Enzene Biosciences, Hybio Pharmaceutical, Nephron Pharmaceuticals and Kardigan, 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
Generics, nutraceuticals, and APIs are developed by Suanfarma.
domain founded_year HQ Location
Company specializing in development of Biosimilars
domain founded_year HQ Location
Polypeptide drugs and APIs are developed and manufactured.
domain founded_year HQ Location
Sterile pharmaceutical products are manufactured and contract services are provided.
domain founded_year HQ Location
Biotech company developing personalized medicines for cardiovascular diseases
domain founded_year HQ Location
APIs and finished dosage forms are developed and manufactured.
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 Althea Technologies

When was Althea Technologies founded?

Althea Technologies was founded in 1998 and raised its 1st funding round 9 years after it was founded.

Where is Althea Technologies located?

Althea Technologies is headquartered in San Diego, United States. It is registered at San Diego, California, United States.

Who is the current CEO of Althea Technologies?

Francois Ferre is the current CEO of Althea Technologies. They have also founded this company.

Is Althea Technologies a funded company?

Althea Technologies is a funded company, having raised a total of $23M across 1 funding round to date. The company's 1st funding round was a Series C of $23M, raised on Jan 09, 2007.

What does Althea Technologies do?

Althea Technologies was founded in 1998 in San Diego, United States, and operates in the pharmaceutical sector as a contract manufacturer and distributor of clinical drugs and vaccines. Services provided include aseptic syringe filling, lyophilization, release testing, clinical packaging, and stability programs, supporting various clinical needs in the industry.

Who are the top competitors of Althea Technologies?

Althea Technologies's top competitors include Nephron Pharmaceuticals, Suanfarma and Enzene Biosciences.

What products or services does Althea Technologies offer?

Althea Technologies offers Smålån Service, Forbrukslån Service, and Refinansiering Service.

Who are Althea Technologies's investors?

Althea Technologies has 2 investors. Key investors include Ajinomoto, and Telegraph Hill Partners.

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