Biotage

Uppsala, Sweden Founded: 2009 • Age: 17 yrs Acquired By KKR
Organic synthesis, analytical, and peptide chemistry services for drug discovery and development
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About Biotage

Biotage is a company based in Uppsala (Sweden) founded in 2009 was acquired by KKR in April 2025.. The company has 11 employees as of April 06, 2024. Biotage has completed 6 acquisitions, including ATDBio, Astrea Bioseparations and Horizon Technology. Biotage offers products and services including Biotage® Initiator+, Biotage® Selekt, Biotage® V-10 Touch, and ISOLUTE® SCX-2. Biotage operates in a competitive market with competitors including Novartis, Catalent, Surrozen, Curia and WuXi Biologics, among others.

  • Headquarter Uppsala, Sweden
  • Employees 11 as on 06 Apr, 2024
  • Stage Public
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Biotage India Private Limited
  • Date of Incorporation 11 Oct, 2017
  • Jurisdiction New Delhi, Delhi, India
Operational Areas
Healthcare → Healthcare Services & Infrastructure
Key Metrics
  • Annual Revenue
    $643.79 K (USD)
    325.9
    as on Mar 31, 2020
  • Net Profit
    $-19.45 K (USD)
    82.52
    as on Mar 31, 2020
  • EBITDA
    $-5.64 K (USD)
    96.35
    as on Mar 31, 2020
  • Latest Funding Round
    $2.35 K (USD), Grant

    Jan 01, 2017

  • Investors
    KKR

    & 1 more

  • Employee Count
    11

    as on Apr 06, 2024

  • Investments & Acquisitions
    ATDBio

    & 5 more

  • Acquired by
    KKR

    (Apr 22, 2025)

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Products & Services of Biotage

Biotage offers a comprehensive portfolio of products and services, including Biotage® Initiator+, Biotage® Selekt, Biotage® V-10 Touch, and ISOLUTE® SCX-2. 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

Microwave synthesizer for efficient organic chemistry workflows

System for purification in drug discovery applications

Tool for sample evaporation and concentration processes

Product for solid phase extraction in analytical testing

People of Biotage
Headcount 200-500
Employee Profiles 81
Board Members and Advisors 8
Employee Profiles
People
Jeff Talbot
Senior Project Manager
People
Amy Raymond
Manufacturing Quality Engineer
People
Carl Rosenfeld
Senior Electronic Engineer
People
Ulrika Bergström
Head Of Group Accounting

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Board Members and Advisors
people
Dan Menasco
Director
people
Torben Jørgensen
Chairman of the Board
people
Mark Bradley
Director
people
Karen Sørensen
Director

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Funding Insights of Biotage

  • Total Funding
  • Total Rounds 2
  • Last Round Grant — $2,353
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2017 Amount Grant - Biotage Valuation

investors

Jun, 2015 Amount Grant - Biotage 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 Biotage

Biotage has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include KKR and European Union. 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
Multiple sectors are invested in by this private equity firm.
Founded Year Domain Location
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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 Biotage

Biotage has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include ATDBio, Astrea Bioseparations and Horizon Technology. 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
Developer of oligonucleotides
2005
Molecular biology research products and automated extractors are developed.
2002
Manufacturer of polymeric separation resins
1999
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 - Biotage

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

Biotage Comparisons

Employees
+
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Competitors of Biotage

Biotage 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, Curia and WuXi Biologics, 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
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 Biotage

Frequently Asked Questions about Biotage

When was Biotage founded?

Biotage was founded in 2009 and raised its 1st funding round 6 years after it was founded.

Where is Biotage located?

Biotage is headquartered in Uppsala, Sweden. It is registered at Uppsala, Uppsala County, Sweden.

How many employees does Biotage have?

As of Apr 06, 2024, the latest employee count at Biotage is 11.

What is the annual revenue of Biotage?

Annual revenue of Biotage is $643.79K as on Mar 31, 2020.

What does Biotage do?

Biotage was founded in 2009 in Uppsala, Sweden, and operates within the biotechnology sector focused on chemistry solutions. Products and services are offered in organic synthesis, analytical chemistry, and industrial resins, including separation technologies scaled from analysis to industrial levels. High-quality medical, analytical, and peptide chemistry solutions are provided for research and commercial applications. These are utilized by government authorities, academic institutions, pharmaceutical firms, and food companies.

Who are the top competitors of Biotage?

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

What products or services does Biotage offer?

Biotage offers Biotage® Initiator+, Biotage® Selekt, Biotage® V-10 Touch, and ISOLUTE® SCX-2.

How many acquisitions has Biotage made?

Biotage has made 6 acquisitions, including ATDBio, Astrea Bioseparations, and Horizon Technology.

Who are Biotage's investors?

Biotage has 2 investors. Key investors include KKR, and European Union.

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