Biofortuna

Birkenhead, United Kingdom Founded: 2008 • Age: 18 yrs
Provider of manufacturing services for immunoassays, molecular diagnostics, and regulatory services
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About Biofortuna

Biofortuna is a company based in Birkenhead (United Kingdom) founded in 2008 by Katherine Douglas, Nanette Douglas, and Rachel Douglas.. Biofortuna has raised $21.58 million across 8 funding rounds from investors including Enterprise Ventures, Foresight Group and Merseyside Special Investment Fund. The company has 32 employees as of March 31, 2022. Biofortuna has completed 1 acquisition, including Cryoniss. Biofortuna operates in a competitive market with competitors including Novartis, Catalent, Surrozen, Biotage and Curia, among others.

  • Headquarter Birkenhead, United Kingdom
  • Employees 32 as on 31 Mar, 2022
  • Founders Katherine Douglas, Nanette Douglas, Rachel Douglas
  • Stage Minicorn
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Biofortuna Limited
  • Date of Incorporation 26 Feb, 2008
  • Jurisdiction DEESIDE, WALES
Operational Areas
Healthcare → Healthcare Services & Infrastructure
Key Metrics
  • Annual Revenue
    $1.44 M (USD)
    -12
    as on Mar 31, 2018
  • Net Profit
    $-1.34 M (USD)
    -32
    as on Mar 31, 2018
  • EBITDA
    $-1.57 M (USD)
    -17
    as on Mar 31, 2018
  • Total Equity Funding
    $21.58 M (USD)

    in 8 rounds

  • Latest Funding Round
  • Investors
  • Employee Count
    32

    as on Mar 31, 2022

  • Investments & Acquisitions
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Funding Insights of Biofortuna

Biofortuna has successfully raised a total of $21.58M across 8 strategic funding rounds. 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 8
  • Last Round
  • First Round

    (11 May 2010)

  • Investors Count 5
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2021 Amount Series A - Biofortuna Valuation

investors

Aug, 2018 Amount Series A - Biofortuna Valuation

investors

Jul, 2017 Amount Series A - Biofortuna 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 Biofortuna

Biofortuna has secured backing from 5 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Enterprise Ventures, Foresight Group and Merseyside Special Investment Fund. 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
Angel
Investor Description Founded Year Domain Location
A fund focused on supporting SMEs with alternative finance.
Founded Year Domain Location
Early and Growth stage Venture Debt firm that does debt investments in the UK
Founded Year Domain Location
Investment solutions are provided by Catapult Ventures for growth.
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 Biofortuna

Biofortuna has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Cryoniss. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

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
Acquisitions
Company Name Description Domain Location Founded Year Amount
Provider of biobanking services for life sciences industries
2018
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Biofortuna

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

Biofortuna Comparisons

Employees
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Competitors of Biofortuna

Biofortuna 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 Novartis, Catalent, Surrozen, Biotage and Curia, 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
R&D focused on manufacturing of drugs for multiple therapeutic areas
domain founded_year HQ Location
CDMO offering drug and biologics development services
domain founded_year HQ Location
Selective Wnt agonists are developed for human tissue regeneration.
domain founded_year HQ Location
Organic synthesis, analytical, and peptide chemistry services for drug discovery and development
domain founded_year HQ Location
Drug research, development, testing, and consulting services are provided.
domain founded_year HQ Location
Protein therapeutics are developed and manufactured by WuXi Biologics.
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 Biofortuna

Frequently Asked Questions about Biofortuna

When was Biofortuna founded?

Biofortuna was founded in 2008 and raised its 1st funding round 2 years after it was founded.

Where is Biofortuna located?

Biofortuna is headquartered in Birkenhead, United Kingdom. It is registered at Birkenhead, Merseyside, United Kingdom.

Is Biofortuna a funded company?

Biofortuna is a funded company, having raised a total of $21.58M across 8 funding rounds to date. The company's 1st funding round was a Series A of $2.09M, raised on May 11, 2010.

How many employees does Biofortuna have?

As of Mar 31, 2022, the latest employee count at Biofortuna is 32.

What is the annual revenue of Biofortuna?

Annual revenue of Biofortuna is $1.44M as on Mar 31, 2018.

What does Biofortuna do?

Biofortuna was established in 2008 in Birkenhead, United Kingdom, within the biotechnology sector. Operations focus on contract manufacturing for immunoassays and molecular diagnostics, complemented by regulatory services. These activities support diagnostic product development and compliance needs for clients in healthcare and life sciences. The company is led by co-founders Katherine Douglas, Nanette Douglas, and Rachel Douglas.

Who are the top competitors of Biofortuna?

Biofortuna's top competitors include Novartis, Surrozen and Catalent.

How many acquisitions has Biofortuna made?

Biofortuna has made 1 acquisition, including Cryoniss.

Who are Biofortuna's investors?

Biofortuna has 5 investors. Key investors include Enterprise Ventures, Foresight Group, Merseyside Special Investment Fund, Catapult Ventures, and David Whitcombe.

What is Biofortuna's valuation?

The valuation of Biofortuna is $476.6M as of Aug 2018.

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