About Bitome
Bitome is a company based in Boston (United States) founded in 2016 was acquired by Ginkgo Bioworks in June 2022.. The company has 607 employees as of December 31, 2021. Bitome offers products and services including R&D Tools, AI Models, and Lab Automation. Bitome operates in a competitive market with competitors including Ultrahuman, Epicore Biosystems, Fourth Frontier, Nix and VentriJect, among others.
- Headquarter Boston, United States
- Employees 607 as on 31 Dec, 2021
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Sectors
HealthcareTechnology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Ginkgo Bioworks Inc
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$225 K (USD), Grant
May 15, 2020
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Investors
Ginkgo Bioworks
& 3 more
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Employee Count
607
as on Dec 31, 2021
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Acquired by
Ginkgo Bioworks
(Jun 08, 2022)
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Products & Services of Bitome
Bitome offers a comprehensive portfolio of products and services, including R&D Tools, AI Models, and Lab Automation. 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.
Provides datasets and AI for biotechnology research
Offers fine-tuning and data generation for R&D
Delivers automated equipment for lab processes
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Senior Team
52 people
Software Development Team
36 people
Leadership Team
28 people
Sales and Marketing
21 people
Creative and Marketing Team
12 people
Finance and Accounting
11 people
Operations Team
10 people
Product Management Team
8 people
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Funding Insights of Bitome
- Total Funding Total Funding
- Total Rounds 3
- Last Round Grant — $225,000
- First Round First Round
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2020 | Amount | Grant - Bitome | Valuation |
investors |
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| Oct, 2018 | Amount | Grant - Bitome | Valuation |
investors |
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| Jan, 2017 | Amount | Seed - Bitome | 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 Bitome
Bitome has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Ginkgo Bioworks, European Union and America’s Seed Fund. 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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Venture capital fund backed by the US Government
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Founded Year | Domain | Location | |
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Startups are accelerated via a 111-day program with seed funding.
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Founded Year | Domain | Location | |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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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 Bitome
| 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 - Bitome
| 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 |
Bitome Comparisons
Competitors of Bitome
Bitome 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 Ultrahuman, Epicore Biosystems, Fourth Frontier, Nix and VentriJect, 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 |
Metabolic health is tracked via devices and fitness platforms.
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| domain | founded_year | HQ Location |
Wearable sweat-based microfluidic sensing systems are provided for health monitoring.
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| domain | founded_year | HQ Location |
Connected wearable devices for cardiac health monitoring are provided.
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| domain | founded_year | HQ Location |
Sweat-based biosensors are provided for body hydration monitoring.
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| domain | founded_year | HQ Location |
Cardiorespiratory fitness is monitored using non-wearable device and app.
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| domain | founded_year | HQ Location |
Provider of hydration monitoring patch
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Latest news on Bitome
Frequently Asked Questions about Bitome
When was Bitome founded?
Bitome was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Where is Bitome located?
Bitome is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
How many employees does Bitome have?
As of Dec 31, 2021, the latest employee count at Bitome is 607.
What does Bitome do?
Bitome was founded in 2016 in Boston, United States, within the health technology sector. A wearable device is produced to track users hydration through magnetic resonance imaging of body water content. Data from the device is analyzed by a companion mobile application, which delivers push notifications for deviations from baseline levels. Operations focus on device manufacturing and app-based monitoring services.
Who are the top competitors of Bitome?
Bitome's top competitors include Ultrahuman, Nix and Epicore Biosystems.
What products or services does Bitome offer?
Bitome offers R&D Tools, AI Models, and Lab Automation.
Who are Bitome's investors?
Bitome has 4 investors. Key investors include Ginkgo Bioworks, European Union, America’s Seed Fund, and HAX.
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