About Biotectix
Biotectix is a Healthcare company based in Hanau (Germany) founded in 2007 by Chris Silva, Sarah Richardson, Mark Pritchard, and Dave Martin, and was acquired by Heraeus in September 2017. Conductive coatings for medical implants and instruments. Biotectix has raised $3 million across 2 funding rounds from investors including Heraeus, Allied Minds and Ann Arbor SPARK. Its focus areas include Medical Device Outsourcing and Contract Manufacturing.
Company details
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)
- Headquarters Hanau, Germany
- Founders Chris Silva, Sarah Richardson, Mark Pritchard, Dave Martin
- Stage Acquired
- SectorsHealthcare
- Website biotectix.com
- Social LinkedIn
- Acquired by Heraeus (Sep 2017)
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 $3M
- Total Rounds 2
- Last Round Series A — $3M
- Investors Count 2
All 2 funding rounds of Biotectix 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 |
|---|---|---|---|---|---|
| Sep 2010 | $3M | Series A | – | – | |
| Feb 2009 | Seed | – | – |
3 investors in total: 3 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
US focused seed and early-stage VC firm | 2004 | alliedminds.com | Boston, United States | |
| annarborusa.org | ||||
Materials for multiple industries are developed by Heraeus. | 1851 | heraeus.com | Hanau, Germany |
Investor details for Biotectix
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Biotectix
4 people are tracked at Biotectix (4 in leadership).
| Name | Role | Group |
|---|---|---|
Chris Silva | Co-Founder | Leadership |
Sarah Richardson | Co-Founder | Leadership |
Mark Pritchard | Co-Founder | Leadership |
Dave Martin | Co-Founder | Leadership |
Complete people profiles for Biotectix
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Biotectix
4 dated milestones of Biotectix across 10 years, from founding to its latest funding, stage changes and deals.
- Founded Biotectix is founded.
- Funding First funding round.
- Funding Latest funding round, Series A, of $3.0M.
- Exit Acquired by Heraeus.
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Frequently Asked Questions about Biotectix
Biotectix was founded in 2007 and raised its 1st funding round 2 years after it was founded.
Biotectix is headquartered in Hanau, Germany. It is registered at Hanau, Hessen, Germany.
Biotectix is a funded company, having raised a total of $3M across 2 funding rounds to date.
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).
Biotectix has 3 investors. Key investors include Heraeus, Allied Minds, and Ann Arbor SPARK.
Yes. Biotectix was acquired by Heraeus in September 2017.