About BioMagnetic Solutions
BioMagnetic Solutions is a company based in State College (United States) founded in 2011 was acquired by Gamma Biosciences in January 2021.. BioMagnetic Solutions offers products and services including FerroSelect QP-5, Reagent Kits, and Streptavidin Ferrofluid. BioMagnetic Solutions operates in a competitive market with competitors including Avidity Biosciences, Univercells, Sutro Biopharma, Vividion Therapeutics and Korro Bio, among others.
- Headquarter State College, United States
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Sectors
HealthcareTechnology
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Email
***********
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$279.22 K (USD), Grant
Feb 01, 2016
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Investors
HHS
& 1 more
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Employee Count
Employee Count
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Acquired by
Gamma Biosciences
(Jan 15, 2021)
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Products & Services of BioMagnetic Solutions
BioMagnetic Solutions offers a comprehensive portfolio of products and services, including FerroSelect QP-5, Reagent Kits, and Streptavidin Ferrofluid. 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.
Hardware for ferrofluid-based immunomagnetic cell separation.
Kits for cGMP cell selection and separation processes.
Ferrofluid for enhancing cell therapy manufacturing.
Funding Insights of BioMagnetic Solutions
- Total Funding Total Funding
- Total Rounds 1
- Last Round Grant — $279,216
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First Round
First Round
(01 Feb 2016)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2016 | Amount | Grant - BioMagnetic Solutions | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
investors |
Investors in BioMagnetic Solutions
BioMagnetic Solutions has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include HHS and Gamma Biosciences. 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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Public health and human services are overseen by HHS.
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Founded Year | Domain | Location | |
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A life sciences tools platform is operated by Gamma Biosciences.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by BioMagnetic Solutions
| 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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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - BioMagnetic Solutions
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
investors |
Biomagnetic Solutions Comparisons
Competitors of BioMagnetic Solutions
BioMagnetic Solutions 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 Avidity Biosciences, Univercells, Sutro Biopharma, Vividion Therapeutics and Korro Bio, 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.
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|---|---|---|---|---|
| domain | founded_year | HQ Location |
Antibody-siRNA complexes are developed for cancer treatment.
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Biomanufacturing technologies are supplied for biopharma antibody and vaccine production.
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| domain | founded_year | HQ Location |
Antibody-based therapeutics for cancer therapy are developed via cell-free synthesis.
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| domain | founded_year | HQ Location |
Developing novel drugs based on a proteome-wide ligand and target discovery platform
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| domain | founded_year | HQ Location |
RNA-editing technologies are provided for precision medicine applications.
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| domain | founded_year | HQ Location |
Dental implants and regenerative dentistry products are developed.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Biomagnetic Solutions
Frequently Asked Questions about BioMagnetic Solutions
When was BioMagnetic Solutions founded?
BioMagnetic Solutions was founded in 2011 and raised its 1st funding round 5 years after it was founded.
Where is BioMagnetic Solutions located?
BioMagnetic Solutions is headquartered in State College, United States. It is registered at State College, Pennsylvania, United States.
What does BioMagnetic Solutions do?
BioMagnetic Solutions was founded in 2011 in State College, United States. Nano-magnetic liquids are utilized in the development of bio-molecular separation systems. Target molecules or cells are labeled with these ferro-fluids for magnetic separation processes. Functionalization of nano-magnetic particles with monoclonal antibodies or other conjugates is applied to enable positive or negative selection methods within the biotechnology sector.
Who are the top competitors of BioMagnetic Solutions?
BioMagnetic Solutions's top competitors include Sutro Biopharma, Synthego and Avidity Biosciences.
What products or services does BioMagnetic Solutions offer?
BioMagnetic Solutions offers FerroSelect QP-5, Reagent Kits, and Streptavidin Ferrofluid.
Who are BioMagnetic Solutions's investors?
BioMagnetic Solutions has 2 investors. Key investors include HHS, and Gamma Biosciences.