Cardea Bio

San Diego, United States Founded: 2019 • Age: 7 yrs Acquired By Paragraf
Digital graphene biosensors are developed using machine learning.
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About Cardea Bio

Cardea Bio is a company based in San Diego (United States) founded in 2019 by Brett Goldsmith was acquired by Paragraf in May 2023.. Cardea Bio has raised $21.8 million across 4 funding rounds from investors including ARE, Agilent and Paragraf. Cardea Bio has completed 1 acquisition, including Nanosens Innovations. Cardea Bio operates in a competitive market with competitors including Hememics Biotechnologies, Nix, Aligned Bio, Monod and Olaris, among others.

  • Headquarter San Diego, United States
  • Founders Brett Goldsmith
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Healthcare → Biotechnology, Genomics & Life Sciences Research
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $21.8 M (USD)

    in 4 rounds

  • Latest Funding Round
    $1.1 M (USD), Grant

    May 03, 2022

  • Investors
    ARE

    & 9 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    Paragraf

    (May 02, 2023)

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People of Cardea Bio
Headcount 10-50
Employee Profiles 7
Board Members and Advisors 10
Employee Profiles
People
Kelly Huang
COO
People
Thomas Hermann
Senior Director, Manufacturing and Supply Chain
People
Deependra Kumar Ban
Innovation Consultant
People
Carmen Sainz Ross
Manager Supply Chain

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Board Members and Advisors
people
Tim Hoerr
Board Member
people
Paul Grint
Executive Chairman
people
Biao He
Board Member
people
Dawn Barry
Board Member

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Funding Insights of Cardea Bio

Cardea Bio has successfully raised a total of $21.8M across 4 strategic funding rounds. The most recent funding activity was a Grant round of $1.1 million completed in May 2022. 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 4
  • Last Round Grant — $1.1M
  • First Round

    (22 Mar 2019)

  • Investors Count 9
Date Amount Transaction Name Valuation Lead Investors Investors
May, 2022 Amount Grant - Cardea Bio Valuation

investors

Jan, 2021 Amount Series A - Cardea Bio Valuation 3E Bioventures Capital
Sep, 2020 Amount Series A - Cardea Bio Valuation Serra Ventures , Agilent
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 Cardea Bio

Cardea Bio has secured backing from 10 investors, including institutional and venture fund investors. Prominent investors backing the company include ARE, Agilent and Paragraf. 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
Tech & Life Science focused early & growth stage VC firm investing in the US & China
Founded Year Domain Location
Venture capital fund focused on Agtech and multiple sectors
Founded Year Domain Location
-
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 Cardea Bio

Cardea Bio has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Nanosens Innovations. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

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
Acquisitions
Company Name Description Domain Location Founded Year Amount
Nanosize biosensors are developed for biological sample analysis.
2006
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Cardea Bio

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

Cardea Bio Comparisons

Employees
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Competitors of Cardea Bio

Cardea Bio 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 Hememics Biotechnologies, Nix, Aligned Bio, Monod and Olaris, 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
Biopreservation platform for mammalian cells and biologics is developed.
domain founded_year HQ Location
Sweat-based biosensors are provided for body hydration monitoring.
domain founded_year HQ Location
Nanowire-based sensors and alignment technologies are provided for molecular detection.
domain founded_year HQ Location
Developer of biosensors to detect viral proteins, toxins, antibodies, and other molecules
domain founded_year HQ Location
In-vitro diagnostics are developed for oncology, transplants, and neurodegeneration.
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 Cardea Bio

Frequently Asked Questions about Cardea Bio

When was Cardea Bio founded?

Cardea Bio was founded in 2019.

Where is Cardea Bio located?

Cardea Bio is headquartered in San Diego, United States. It is registered at San Diego, California, United States.

Is Cardea Bio a funded company?

Cardea Bio is a funded company, having raised a total of $21.8M across 4 funding rounds to date. The company's 1st funding round was a Series A of $7.5M, raised on Mar 22, 2019.

What does Cardea Bio do?

Cardea Bio was founded in 2019 in San Diego, United States. Digital graphene biosensors are created through integration of machine learning. Biology-gated transistors, based on patented Field Effect Biosensing technology, form the core products. Chipsets such as CRISPR-Chip are manufactured using this approach. Molecular biology, graphene, nano-physics, electronics, software, and AI are combined in the platform to enable signal detection systems.

Who are the top competitors of Cardea Bio?

Cardea Bio's top competitors include Nix, Olaris and Monod.

How many acquisitions has Cardea Bio made?

Cardea Bio has made 1 acquisition, including Nanosens Innovations.

Who are Cardea Bio's investors?

Cardea Bio has 10 investors. Key investors include ARE, Agilent, Paragraf, Gates Foundation, and 3E Bioventures Capital.

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