About BioStorage Technologies
BioStorage Technologies is a Healthcare company based in Indianapolis (United States) founded in 2002, and was acquired by Brooks Automation in November 2015. It provides bio repository services. BioStorage Technologies has raised $8.77 million across 3 funding rounds from investors including Brooks Automation, Radius Ventures and Spring Mill Venture Partners. BioStorage Technologies offers products and services including BioArc Ultra, Limfinity LIMS, and GENEWIZ Services. Its focus areas include Life Sciences, Life Sciences Platforms and Tools, Research Services and Biorepository. Its legal entity is Azenta US Inc. Its competitors include GenVault Corporation, iSpecimen, Cryoniss, PrecisionMed and AminoChain and 3 more; 5 of its 8 listed competitors have raised funding.
Company details
BioStorage Technologies was founded in 2002 and is headquartered in Indianapolis, United States. Operations focus on the life science sector, where sample storage, biobanking, and biorepository services are provided. A dedicated laboratory is maintained for secure biological sample preservation. Sample management solutions are delivered to support research and industry needs across various applications.
- Headquarters Indianapolis, United States
- Stage Acquired
- SectorsHealthcare
- Email••••••••
- Phone•••• ••••
- Website biostorage.com
- Social LinkedIn X Facebook
- Acquired by Brooks Automation (Nov 2015)
- Legal Name Azenta Us Inc.
- Total Equity Funding$8.77M (USD)
in 3 rounds
- Latest Funding Round$8.32M (USD), Series A
May 2007
- InvestorsBrooks Automation
& 4 more
- Acquired byBrooks Automation
(Nov 2015)
Products & Services of BioStorage Technologies
BioStorage Technologies offers a comprehensive portfolio of products and services, including BioArc Ultra, Limfinity LIMS, and GENEWIZ Services.
System for efficient sample storage and energy savings in labs
Cloud-based software for integrating lab workflows and data
Services for DNA sequencing and synthesis in research applications
Funding Insights of BioStorage Technologies
BioStorage Technologies has successfully raised a total of $8.77M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $8.32 million completed in May 2007. 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 $8.77M
- Total Rounds 3
- Last Round Series A — $8.32M
- First Round $447,511
(Mar 2004)
- Investors Count 4
All 3 funding rounds of BioStorage Technologies with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2007 | $8.32M | Series A | – | – | |
| Dec 2005 | $700,000 | Debt – Convertible | – | – | – |
| Mar 2004 | $447,511 | Seed | – | – | – |
5 investors in total: 5 institutional.
Investors in BioStorage Technologies
BioStorage Technologies has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Brooks Automation, Radius Ventures and Spring Mill Venture Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
- | – | radiusventures.com | - | |
- | – | springmillvp.com | - | |
FinTech & Media focused seed and early stage VC firm investing in the US | – | villageventures.com | Williamstown, United States | |
Early-stage life science companies are supported through venture capital. | – | twivp.com | Indianapolis, United States | |
Vacuum robots for semiconductor wafer handling are developed. | 1978 | brooks.com | Chelmsford, United States |
Investor details for BioStorage Technologies
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Timeline of BioStorage Technologies
4 dated milestones of BioStorage Technologies across 13 years, from founding to its latest funding, stage changes and deals.
- Founded BioStorage Technologies is founded.
- Funding First funding round of $448K.
- Funding Latest funding round, Series A, of $8.3M.
- Exit Acquired by Brooks Automation.
Competitors of BioStorage Technologies
BioStorage Technologies has 8 listed competitors in our database, 5 of them funded. They include GenVault Corporation, iSpecimen, Cryoniss, PrecisionMed and AminoChain, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| genvault.com | 2000 | Carlsbad, United States | $47.8M | – | Biosamples are stabilized, transported, stored, and retrieved by GenVault. | |
| ispecimen.com | 2009 | Lexington, United States | $11.86M | 75 | Provider of a biorepository of human clinical specimens | |
| cryoniss.com | 2018 | Macclesfield, United Kingdom | $683,055 | 9 | Provider of biobanking services for life sciences industries | |
| precisionmed.com | 1996 | San Diego, United States | – | – | Human biological materials for research are supplied via a biorepository. | |
| aminochain.io | 2022 | New York, United States | $7.07M | – | A blockchain-based platform for tokenizing and incentivizing stem cell donations | |
| viacellinc.com | 1994 | Cambridge, United States | $63M | – | Provider of services for collecting and preserving umbilical cord blood stem cells | |
| cryoportinc.com | 2019 | Brentwood, United States | – | 1,170 | Supply chain solutions for cell and gene therapies are provided. | |
| clean-cells.com | 2000 | Bouffere, France | – | – | Offers cell banking and virus banking services |
Detailed competitors of BioStorage Technologies
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Top companies in Life Sciences Platforms & Tools
10 companies that operate in the same segment as BioStorage Technologies (Life Sciences Platforms & Tools), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Medidata is recognized as a leading provider of SaaS solutions for clinical research. | 1999 | New York, New York, United States | USD 41.5 M | – | – | |
AI-based solutions for health management are provided. | 2015 | Dallas, Texas, United States | USD 2.8 B | – | 1,111 | |
Nanopore-based electronic systems for single-molecule analysis are developed. | 2005 | Oxford, Oxfordshire, United Kingdom | USD 1.34 B | USD 301.49 M | 1,372 | |
Real-world health data is provided for research and decisions. | 2012 | Menlo Park, California, United States | USD 259.16 M | – | – | |
Genetically modified cell lines are developed using AAV gene-editing platform. | 2007 | Cambridge, Cambridgeshire, United Kingdom | USD 46.29 M | – | – | |
Biological reagents and antibodies are developed for life science research. | 1998 | Cambridge, Cambridgeshire, United Kingdom | USD 78.8 M | – | – | |
Electron microscopy services and microanalysis instruments are provided. | 1956 | Waltham, Massachusetts, United States | – | USD 44.56 B | 125,000 | |
Novel therapeutics are discovered using an AI-enabled drug platform. | 2013 | New York, New York, United States | USD 456.66 M | USD 74.68 M | – | |
A platform for sharing and accessing academic research papers is provided. | 2008 | San Francisco, California, United States | USD 58.4 M | – | – | |
Developer of molecular diagnostic testing solutions | 1996 | Sunnyvale, California, United States | USD 19.1 M | USD 54.88 M | 208 |
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Related news about Biostorage Technologies
Complete news archive for BioStorage Technologies
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Frequently Asked Questions about BioStorage Technologies
BioStorage Technologies was founded in 2002 and raised its 1st funding round 2 years after it was founded.
BioStorage Technologies is headquartered in Indianapolis, United States. It is registered at Indianapolis, Indiana, United States.
BioStorage Technologies is a funded company, having raised a total of $8.77M across 3 funding rounds to date. The company's 1st funding round was a Seed of $447.51K, raised on Mar 2004.
BioStorage Technologies was founded in 2002 and is headquartered in Indianapolis, United States. Operations focus on the life science sector, where sample storage, biobanking, and biorepository services are provided. A dedicated laboratory is maintained for secure biological sample preservation. Sample management solutions are delivered to support research and industry needs across various applications.
BioStorage Technologies's top competitors include Cryoport, iSpecimen and Clean Cells.
BioStorage Technologies offers BioArc Ultra, Limfinity LIMS, and GENEWIZ Services.
BioStorage Technologies has 5 investors. Key investors include Brooks Automation, Radius Ventures, Spring Mill Venture Partners, Village Ventures, and Twilight Venture Partners.
BioStorage Technologies operates through Azenta Us Inc..
Yes. BioStorage Technologies was acquired by Brooks Automation in November 2015.