Biosynthetic Technologies

Indianapolis, United States Founded: 2012 • Age: 14 yrs Acquired By Calumet Specialty Products Partners
Producer of bio-based green oils
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About Biosynthetic Technologies

Biosynthetic Technologies is a company based in Indianapolis (United States) founded in 2012 was acquired by Calumet Specialty Products Partners in April 2018.. Biosynthetic Technologies has raised $52.24 million across 8 funding rounds from investors including bp, Monsanto and The Heritage Group. Biosynthetic Technologies has completed 1 acquisition, including Innoleo. Biosynthetic Technologies offers products and services including Estolides, BioEstolides, and Industrial Lubricants. Biosynthetic Technologies operates in a competitive market with competitors including GSK, Avidity Biosciences, Sutro Biopharma, Antheia and Vividion Therapeutics, among others.

  • Headquarter Indianapolis, United States
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Biosynthetic Technologies, Llc
Operational Areas
Healthcare → Biotechnology, Genomics & Life Sciences Research
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $52.24 M (USD)

    in 8 rounds

  • Latest Funding Round
    $9.5 M (USD), Series A

    May 07, 2019

  • Investors
    bp

    & 5 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
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Products & Services of Biosynthetic Technologies

Biosynthetic Technologies offers a comprehensive portfolio of products and services, including Estolides, BioEstolides, and Industrial Lubricants. 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.

Primary

Sustainable compounds from bio-derived fatty acids for lubricant formulations.

Biodegradable oils for skincare and cosmetics applications.

High-performance oils for gear and hydraulic systems.

People of Biosynthetic Technologies
Headcount 10-50
Employee Profiles 7
Employee Profiles
People
Julie Austin
Research & Development Chemist
People
Matt Kriech
Chief Executive Officer
People
Jeremy Forest
Chief, IP Counsel
People
Jeffrey Mackey
Application & Commercialization Lead

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Funding Insights of Biosynthetic Technologies

Biosynthetic Technologies has successfully raised a total of $52.24M across 8 strategic funding rounds. The most recent funding activity was a Series A round of $9.5 million completed in May 2019. 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 Series A — $9.5M
  • First Round

    (03 Aug 2012)

  • Investors Count 5
Date Amount Transaction Name Valuation Lead Investors Investors
May, 2019 Amount Series A - Biosynthetic Technologies Valuation The Heritage Group
Feb, 2017 Amount Debt – Conventional - Biosynthetic Technologies Valuation

investors

Oct, 2014 Amount Series A - Biosynthetic Technologies 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 Biosynthetic Technologies

Biosynthetic Technologies has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include bp, Monsanto and The Heritage Group. 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
Investor Description Founded Year Domain Location
A family-owned business managing diverse industrial and environmental companies.
Founded Year Domain Location
Corporate venture capital investments are made by Evonik.
Founded Year Domain Location
bp is recognized as a global energy company.
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 Biosynthetic Technologies

Biosynthetic Technologies has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Innoleo. 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
Supplier & distributor of castor oil and derivatives of castor oil
2011
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 - Biosynthetic Technologies

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

Biosynthetic Technologies Comparisons

Employees
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Competitors of Biosynthetic Technologies

Biosynthetic Technologies 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 GSK, Avidity Biosciences, Sutro Biopharma, Antheia and Vividion Therapeutics, 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
Developer of pharmaceuticals and vaccines for various therapeutic areas
domain founded_year HQ Location
Antibody-siRNA complexes are developed for cancer treatment.
domain founded_year HQ Location
Antibody-based therapeutics for cancer therapy are developed via cell-free synthesis.
domain founded_year HQ Location
Yeast cells are genetically engineered to produce medicinal products.
domain founded_year HQ Location
Developing novel drugs based on a proteome-wide ligand and target discovery platform
domain founded_year HQ Location
CRISPR-engineered cell and gene therapies are developed for research applications.
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 Biosynthetic Technologies

Frequently Asked Questions about Biosynthetic Technologies

When was Biosynthetic Technologies founded?

Biosynthetic Technologies was founded in 2012.

Where is Biosynthetic Technologies located?

Biosynthetic Technologies is headquartered in Indianapolis, United States. It is registered at Indianapolis, Indiana, United States.

Who is the current CEO of Biosynthetic Technologies?

Mark Miller is the current CEO of Biosynthetic Technologies.

Is Biosynthetic Technologies a funded company?

Biosynthetic Technologies is a funded company, having raised a total of $52.24M across 8 funding rounds to date. The company's 1st funding round was a Series A of $12M, raised on Aug 03, 2012.

What does Biosynthetic Technologies do?

Manufacturer of bio-based green oils. They produce synthetic oils, called estolides, from organic fatty acids found in various bio-derived oils. These are bio-degradable non-toxic and can be used as the primary base oil of a lubricant formulation, a component of a base oil co-blend, or as an additive. These oils have applications in many industries, such as cosmetic, chemicals, food-grade lubricants, car motor oil, and marine lubricant.

Who are the top competitors of Biosynthetic Technologies?

Biosynthetic Technologies's top competitors include Sutro Biopharma, Synthego and Avidity Biosciences.

What products or services does Biosynthetic Technologies offer?

Biosynthetic Technologies offers Estolides, BioEstolides, and Industrial Lubricants.

How many acquisitions has Biosynthetic Technologies made?

Biosynthetic Technologies has made 1 acquisition, including Innoleo.

Who are Biosynthetic Technologies's investors?

Biosynthetic Technologies has 6 investors. Key investors include bp, Monsanto, The Heritage Group, Evonik Venture Capital, and OSTI.GOV.

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