Athenix Corp

Raleigh, United States Founded: 2000 • Age: 26 yrs Acquired By Bayer
Provider of gene editing, traits, and GMO solutions for agriculture and chemical businesses

About Athenix Corp

Athenix Corp is a company based in Raleigh (United States) founded in 2000 was acquired by Bayer in August 2009.. Athenix Corp has raised $43.5 million across 4 funding rounds from investors including Bayer, Eastman and Intersouth Partners. Athenix Corp operates in a competitive market with competitors including Benson Hill, Cibus, Pairwise, Inari and Ceres, among others.

  • Headquarter Raleigh, United States
  • Sectors
    Healthcare
    Agriculture
  • Phone
    *********
  • Website
    *********
  • Legal Name Athenix Corp
Operational Areas
Healthcare → Biotechnology, Genomics & Life Sciences Research
Agriculture → Agricultural Technology & Innovation
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $43.5 M (USD)

    in 4 rounds

  • Latest Funding Round
    $10 M (USD), Series D

    Jul 23, 2008

  • Investors
    Bayer

    & 6 more

  • Employee Count
    Employee Count
  • Acquired by
    Bayer

    (Aug 19, 2009)

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Funding Insights of Athenix Corp

Athenix Corp has successfully raised a total of $43.5M across 4 strategic funding rounds. The most recent funding activity was a Series D round of $10 million completed in July 2008. 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 4
  • Last Round Series D — $10.0M
  • First Round

    (10 Sep 2001)

  • Investors Count 6
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2008 Amount Series D - Athenix Corp Valuation

investors

Jan, 2006 Amount Series C - Athenix Corp Valuation

investors

Jan, 2004 Amount Series B - Athenix Corp 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 Athenix Corp

Athenix Corp has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Bayer, Eastman and Intersouth 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
Early-stage life sciences and tech focused VC firm funding companies in the US
Founded Year Domain Location
US focused venture capital firm
Founded Year Domain Location
Investments are directed toward young firms in pharmaceuticals and biotech.
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 Athenix Corp

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 - Athenix Corp

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

Athenix Corp Comparisons

Employees
+
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Competitors of Athenix Corp

Athenix Corp 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 Benson Hill, Cibus, Pairwise, Inari and Ceres, 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 plant-based food ingredients
domain founded_year HQ Location
Gene editing solutions are provided for agriculture.
domain founded_year HQ Location
New crop varieties are developed using gene-editing for agrigenomics.
domain founded_year HQ Location
Breeding technology is provided by Inari to design seeds.
domain founded_year HQ Location
Beers are produced and branded by Ceres in Italy.
domain founded_year HQ Location
Production and distribution of GM and non-GMO seeds and other farm inputs
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.

Latest news on Athenix Corp

Athenix Adds $10 Million - PE Hub
Pehub17 years ago
News - Releases
Seedquest24 years ago

Frequently Asked Questions about Athenix Corp

When was Athenix Corp founded?

Athenix Corp was founded in 2000 and raised its 1st funding round 1 year after it was founded.

Where is Athenix Corp located?

Athenix Corp is headquartered in Raleigh, United States. It is registered at Raleigh, North Carolina, United States.

Is Athenix Corp a funded company?

Athenix Corp is a funded company, having raised a total of $43.5M across 4 funding rounds to date. The company's 1st funding round was a Series B of $12.5M, raised on Sep 10, 2001.

What does Athenix Corp do?

Athenix was founded in 2000 and is based in Raleigh, United States. Traits and transgenic or genetically modified organisms are developed through its technology platform. These solutions target applications in agriculture and chemical industries, as well as sectors such as industrial enzymes and energy. Operations focus on gene editing for various use cases across these fields.

Who are the top competitors of Athenix Corp?

Athenix Corp's top competitors include Benson Hill, Cibus and Inari.

Who are Athenix Corp's investors?

Athenix Corp has 7 investors. Key investors include Bayer, Eastman, Intersouth Partners, Polaris Partners, and Hunt BioVentures.

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