About BlackFrog Technologies
BlackFrog Technologies is a company based in Manipal (India) founded in 2015 by Mayur Shetty and Donson Dsouza. BlackFrog Technologies has raised $1.97 million across 6 funding rounds from investors including Manipal Group, C-CAMP and Maharashtra State Innovation Society. The company has 29 employees as of March 29, 2024. BlackFrog Technologies operates in a competitive market with competitors including Brooks Automation, Bridge to Life, Hemanext, Atelerix and Cellbox Solutions, among others.
- Headquarter Manipal, India
- Employees 29 as on 29 Mar, 2024
- Founders Mayur Shetty, Donson Dsouza
- Stage Minicorn
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Sectors
Healthcare
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Email
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Phone
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Website
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Social
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- Legal Name Blackfrog Technologies Private Limited
- Date of Incorporation 04 Nov, 2015
- Jurisdiction Udupi, Karnataka, India
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Annual Revenue
$593.5 K (USD)149.28as on Mar 31, 2023
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Net Profit
$46.67 K (USD)138.9as on Mar 31, 2023
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EBITDA
$68.21 K (USD)155.32as on Mar 31, 2023
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Total Equity Funding
$1.97 M (USD)
in 6 rounds
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Latest Funding Round
$1.7 M (USD), Seed
Jul 01, 2025
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Investors
Manipal Group
& 8 more
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Employee Count
29
as on Mar 29, 2024
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Funding Insights of BlackFrog Technologies
BlackFrog Technologies has successfully raised a total of $1.97M across 6 strategic funding rounds. The most recent funding activity was a Seed round of $1.7 million completed in July 2025. 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.
Investors in BlackFrog Technologies
BlackFrog Technologies has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include Manipal Group, C-CAMP and Maharashtra State Innovation Society.
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Family wealth of Ranjan Pai is managed through investments.
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Promotion of innovation and digital services in Maharashtra.
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Sustainable startups are supported via innovation curation and venture funding.
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Investor details for BlackFrog Technologies
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Investments & Acquisitions by BlackFrog Technologies
Investment portfolio details for BlackFrog Technologies
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Financial Statements - BlackFrog Technologies
Detailed financials for BlackFrog Technologies
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Blackfrog Technologies Comparisons
Peer comparison for BlackFrog Technologies
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Competitors of BlackFrog Technologies
BlackFrog Technologies 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 Brooks Automation, Bridge to Life, Hemanext, Atelerix and Cellbox Solutions, among others.
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Vacuum robots for semiconductor wafer handling are developed.
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Cold storage solutions for organ transplant preservation are provided.
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Technologies for blood and product storage are developed.
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Technology for cell storage and transportation is developed.
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Portable devices for cell storage and transport are provided.
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Provider of handling, storage and transport solutions for temperature-sensitive biomedical samples and drugs
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Detailed competitors of BlackFrog Technologies
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Latest news on Blackfrog Technologies
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Frequently Asked Questions about BlackFrog Technologies
BlackFrog Technologies was founded in 2015 and raised its 1st funding round 4 years after it was founded.
BlackFrog Technologies is headquartered in Manipal, India. It is registered at Manipal, Karnataka, India.
Mayur Shetty is the current CEO of BlackFrog Technologies. They have also founded this company.
BlackFrog Technologies is a funded company, having raised a total of $1.97M across 6 funding rounds to date.
As of Mar 29, 2024, the latest employee count at BlackFrog Technologies is 29.
Annual revenue of BlackFrog Technologies is $593.5K as on Mar 31, 2023.
BlackFrog Technologies was founded in 2015 in Manipal, India, as a provider of portable medical-grade refrigeration for cold-chain delivery of biologicals. Vaccines, insulin, breast milk, blood serums, medications, and specimens are transported using thermoelectric cooling with PID control, maintaining 28 C for 1020 hours under varying conditions. IoT-based tracking for temperature and location is integrated into the systems.
BlackFrog Technologies's top competitors include Brooks Automation, Hemanext and Bridge to Life.
BlackFrog Technologies has 9 investors. Key investors include Manipal Group, C-CAMP, Maharashtra State Innovation Society, Startup Karnataka, and MEMG Family Office.
The valuation of BlackFrog Technologies is $2.14M as of Oct 2022.