Biotectix

Hanau, Germany Founded: 2007 • Age: 19 yrs Acquired By Heraeus
Conductive coatings for medical implants and instruments
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About Biotectix

Biotectix is a company based in Hanau (Germany) founded in 2007 by Chris Silva, Sarah Richardson, Mark Pritchard, and Dave Martin was acquired by Heraeus in September 2017.. Biotectix has raised $3 million across 2 funding rounds from investors including Heraeus, Allied Minds and Ann Arbor SPARK.

  • Headquarter Hanau, Germany
  • Founders Chris Silva, Sarah Richardson, Mark Pritchard, Dave Martin
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Healthcare → Medical Devices & Diagnostics
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $3 M (USD)

    in 2 rounds

  • Latest Funding Round
    $3 M (USD), Series A

    Sep 09, 2010

  • Investors
    Heraeus

    & 2 more

  • Employee Count
    Employee Count
  • Acquired by
    Heraeus

    (Sep 06, 2017)

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Funding Insights of Biotectix

Biotectix has successfully raised a total of $3M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $3 million completed in September 2010. 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 2
  • Last Round Series A — $3.0M
  • First Round
  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2010 Amount Series A - Biotectix Valuation

investors

Feb, 2009 Amount Seed - Biotectix 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 Biotectix

Biotectix has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Heraeus, Allied Minds and Ann Arbor SPARK. 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
US focused seed and early-stage VC firm
Founded Year Domain Location
-
Founded Year Domain Location
Materials for multiple industries are developed by Heraeus.
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 Biotectix

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

Financial Statements - Biotectix

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

Biotectix Comparisons

Employees
+
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Competitors of Biotectix

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 Biotectix

Frequently Asked Questions about Biotectix

When was Biotectix founded?

Biotectix was founded in 2007 and raised its 1st funding round 2 years after it was founded.

Where is Biotectix located?

Biotectix is headquartered in Hanau, Germany. It is registered at Hanau, Hessen, Germany.

Is Biotectix a funded company?

Biotectix is a funded company, having raised a total of $3M across 2 funding rounds to date.

What does Biotectix do?

Biotectix is developing conductive polymer materials, hydrogels and coatings for electrodes used in implantable and external medical devices and sensors such as pacemakers, cortical probes, cochlear implants, glucose sensors, and deep brain stimulators.. The company claims that the benefits of this technology include improved electrical performance, biocompatibility, and tissue response. The company offers its products to medical device manufacturers. Biotectix is a subsidiary of Allied Minds (London Stock Exchange: ALM).

Who are Biotectix's investors?

Biotectix has 3 investors. Key investors include Heraeus, Allied Minds, and Ann Arbor SPARK.

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