BioAscent

Motherwell, United Kingdom Founded: 2013 • Age: 13 yrs
Compound management solutions are offered for drug discovery processes.
Annual revenue - Latest available
Total funding $3.7M 3 rounds
Employees 41 Tracked headcount
Investors 1 Known backers
Products 4 Services tracked
Competitors 9 Brand Intelligence

About BioAscent

BioAscent is a company based in Motherwell (United Kingdom) founded in 2013. BioAscent has raised $3.7 million across 3 funding rounds from investors including Maven Capital Partners. The company has 41 employees as of January 31, 2020. BioAscent offers products and services including Integrated Drug Discovery, Medicinal Chemistry, Compound Screening, and Computational Chemistry. BioAscent operates in a competitive market with competitors including McKesson, Resilience, Entero Healthcare, Zhejiang Mingdu Zhikong Technology and ASP Isotopes, among others.

  • Headquarter Motherwell, United Kingdom
  • Employees 41 as on 31 Jan, 2020
  • Stage Minicorn
  • Sectors
    Healthcare
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  • Legal Name Bioascent Discovery Limited
  • Date of Incorporation 15 Feb, 2013
  • Jurisdiction EDINBURGH, UNITED KINGDOM
Operational Areas
Healthcare → Healthcare Services & Infrastructure Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $3.7 M (USD)

    in 3 rounds

  • Latest Funding Round
    $3.7 M (USD), Seed

    Jun 20, 2018

  • Investors
  • Employee Count
    41

    as on Jan 31, 2020

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Products & Services of BioAscent

BioAscent offers a comprehensive portfolio of products and services, including Integrated Drug Discovery, Medicinal Chemistry, Compound Screening, and Computational Chemistry.

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Primary

Comprehensive projects for developing new drugs

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Design and synthesis of chemical compounds

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High-throughput testing of potential drug candidates

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Data analysis to accelerate drug design processes

People of BioAscent

Headcount 50-200
Employee Profiles 42
Board Members and Advisors 4
Employee Profiles
People
Enrico Verpalen
Scientist
People
Cheryl Pattie
Senior Scientist
People
Grace Datu Tasik
Scientist III & Account Manager, Compound Management
People
Paul Smith
CEO

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Board Members and Advisors
people
Phil Jones
Chief Scientific Advisor
people
Louis J. Nisbet
Board Member
people
Glenn Crocker
Board Member
people
David Milroy
Board Member

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Funding Insights of BioAscent

BioAscent has successfully raised a total of $3.7M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $3.7 million completed in June 2018. 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.

Investors in BioAscent

BioAscent has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Maven Capital Partners.

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Venture Fund
Investor Description Founded Year Domain Location
Multiple sectors are targeted for private equity investments.
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Investor details for BioAscent

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Investments & Acquisitions by BioAscent

Investments
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Investment portfolio details for BioAscent

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Financial Statements - BioAscent

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Detailed financials for BioAscent

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Bioascent Comparisons

BioAscent Primary company
Description
Compound management solutions are offered for drug discovery...
Location
Motherwell, United Kingdom
Founded Year
2013
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
41
As of 2020
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Peer comparison for BioAscent

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Competitors of BioAscent

BioAscent 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 McKesson, Resilience, Entero Healthcare, Zhejiang Mingdu Zhikong Technology and ASP Isotopes, among others.

Company Name Domain Founded year HQ Location Description
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Products and services are provided in the healthcare industry.
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Supply chain services for biopharma sector are provided.
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India's leading healthcare products distribution platform
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AI-based logistics services are provided in Hangzhou, China.
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Supply chain solution services for isotope production are provided.
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Detailed competitors of BioAscent

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Latest news on Bioascent

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Complete news archive for BioAscent

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  • Source and publication date
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Frequently Asked Questions about BioAscent

BioAscent was founded in 2013.

BioAscent is headquartered in Motherwell, United Kingdom. It is registered at Motherwell, Scotland, United Kingdom.

BioAscent is a funded company, having raised a total of $3.7M across 3 funding rounds to date.

As of Jan 31, 2020, the latest employee count at BioAscent is 41.

BioAscent was established in 2013 in Motherwell, United Kingdom, focusing on compound management within the drug discovery sector. Services provided include compound management, Compound Cloud, compound collection sharing, and disaster recovery. Operations are conducted from a former automated facility of Merck. A confidential partner-matching service is facilitated to enable sharing of compound collections with pharmaceutical, biotechnology, and academic institutions under owner-specified terms.

BioAscent's top competitors include Entero Healthcare, McKesson and Resilience.

BioAscent offers Integrated Drug Discovery, Medicinal Chemistry, Compound Screening, and Computational Chemistry.

BioAscent has 1 investor. Key investors include Maven Capital Partners.

The valuation of BioAscent is $4.22M as of Jun 2018.

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