About Avecia
Avecia is a company based in Milford (United States) founded in 1999 was acquired by Nitto in February 2011.. Avecia offers products and services including Preclinical Manufacturing, Analytical Development, Process Development, and Drug Substance Manufacturing. Avecia operates in a competitive market with competitors including RiboBio, Liberate Bio, Shanghai Rui Platinum Biotechnology, Genedesign and Lerna Biopharma, among others.
- Headquarter Milford, United States
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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 Nitto Avecia
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Products & Services of Avecia
Avecia offers a comprehensive portfolio of products and services, including Preclinical Manufacturing, Analytical Development, Process Development, and Drug Substance 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.
Provides custom solutions for preclinical oligonucleotide production.
Develops and validates methods for raw materials and final products.
Creates safe and cost-effective processes for oligonucleotide programs.
Offers complete manufacturing solutions with extensive experience.
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Funding Insights of Avecia
- Total Funding Total Funding
- Total Rounds 1
- Last Round Grant — $3.9M
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First Round
First Round
(12 Jun 2006)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2006 | Amount | Grant - Avecia | Valuation |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Avecia
Avecia has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Nitto and USAGov. 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 entity focused on information and services
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Diversified materials are manufactured and supplied for various industries.
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Avecia
| 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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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Avecia
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
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Avecia Comparisons
Competitors of Avecia
Avecia 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 RiboBio, Liberate Bio, Shanghai Rui Platinum Biotechnology, Genedesign and Lerna Biopharma, 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 |
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| domain | founded_year | HQ Location |
Developer of oligonucleotides
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Contract manufacturing for tissue-specific nucleic acid therapeutics is provided.
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Provider of drug research and development services
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Nucleic acid development and manufacturing services are provided.
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Develops nucleic acid therapeutics using chemistry and biological insights for effective treatments.
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Avecia
Frequently Asked Questions about Avecia
When was Avecia founded?
Avecia was founded in 1999 and raised its 1st funding round 7 years after it was founded.
Where is Avecia located?
Avecia is headquartered in Milford, United States.
What does Avecia do?
Avecia was founded in 1999 in Milford, United States, and operates as a biotechnology firm serving as a contract development and manufacturing organization. Services are provided for oligonucleotide drug substances, including antisense RNA, siRNA, miRNA, aptamers, conjugates, and immunostimulatory types. Capabilities encompass backbone, base, sugar modifications, linkers, post-synthesis conjugates, and terminal phosphates. Complex small molecule synthesis is also handled. The company was acquired by Nitto Denko, a Japanese materials manufacturer.
Who are the top competitors of Avecia?
Avecia's top competitors include Shandong Sanyuan Biotechnology, RiboBio and Liberate Bio.
What products or services does Avecia offer?
Avecia offers Preclinical Manufacturing, Analytical Development, Process Development, and Drug Substance Manufacturing.