About Biotrove
Biotrove is a company based in Woburn (United States) founded in 1997 was acquired by Life Technologies in November 2009.. Biotrove has raised $39.26 million across 8 funding rounds from investors including NIH, HHS and Fletcher Spaght. Biotrove operates in a competitive market with competitors including Nanopore, PacBio, Omniome, Complete Genomics and QuantuMDx, among others.
- Headquarter Woburn, United States
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Sectors
Healthcare
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Biotrove, Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$39.26 M (USD)
in 8 rounds
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Latest Funding Round
$13.31 M (USD), Series B
Jun 03, 2009
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Investors
NIH
& 6 more
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Employee Count
Employee Count
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Acquired by
Life Technologies
(Nov 10, 2009)
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Funding Insights of Biotrove
Biotrove has successfully raised a total of $39.26M across 8 strategic funding rounds. The most recent funding activity was a Series B round of $13.31 million completed in June 2009. 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 Funding
- Total Rounds 8
- Last Round Series B — $13.3M
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First Round
First Round
(06 Nov 2002)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2009 | Amount | Series B - Biotrove | Valuation |
investors |
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| Sep, 2008 | Amount | Debt – Convertible - Biotrove | Valuation |
investors |
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| Apr, 2008 | Amount | Grant - Biotrove | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Biotrove
Biotrove has secured backing from 7 investors, including institutional and venture fund investors. Prominent investors backing the company include NIH, HHS and Fletcher Spaght. 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.
| Investor | Description | Founded Year | Domain | Location |
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Support is provided for life science ventures by BioFrontier.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Biotrove
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Biotrove
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Biotrove Comparisons
Competitors of Biotrove
Biotrove 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 Nanopore, PacBio, Omniome, Complete Genomics and QuantuMDx, 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 |
Nanopore-based electronic systems for single-molecule analysis are developed.
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| domain | founded_year | HQ Location |
Instrument systems and software for single-molecule real-time sequencing are developed.
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| domain | founded_year | HQ Location |
Genome sequencing platform is provided for clinical diagnostics.
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| domain | founded_year | HQ Location |
DNA sequencing platform for human genome analysis is developed.
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| domain | founded_year | HQ Location |
Handheld diagnostic and sequencing devices are developed for personalized healthcare.
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| domain | founded_year | HQ Location |
Provider of genome analysis solutions to researchers and clinicians
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Biotrove
When was Biotrove founded?
Biotrove was founded in 1997 and raised its 1st funding round 5 years after it was founded.
Where is Biotrove located?
Biotrove is headquartered in Woburn, United States. It is registered at Woburn, Massachusetts, United States.
Is Biotrove a funded company?
Biotrove is a funded company, having raised a total of $39.26M across 8 funding rounds to date. The company's 1st funding round was a Grant of $473.7K, raised on Nov 06, 2002.
What does Biotrove do?
Biotrove was founded in 1997 and is located in Woburn, United States. Micro- and nano-scale technology platforms are developed for applications in life sciences and drug discovery research. Operations focus on enabling high-throughput assays, with the flagship Open Array platform supporting up to 3000 simultaneous qPCR tests for genotyping and gene expression analysis in research settings.
Who are the top competitors of Biotrove?
Who are Biotrove's investors?
Biotrove has 7 investors. Key investors include NIH, HHS, Fletcher Spaght, Life Technologies, and Catalyst Health Ventures.