Cryoniss

Macclesfield, United Kingdom Founded: 2018 • Age: 8 yrs Acquired By Biofortuna
Provider of biobanking services for life sciences industries
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About Cryoniss

Cryoniss is a company based in Macclesfield (United Kingdom) founded in 2018 by Phil Hargreaves and Sonia Houghton was acquired by Biofortuna in May 2024.. Cryoniss has raised $683.06 thousand across 1 funding round from investors including Maven Capital Partners and Biofortuna. The company has 9 employees as of March 31, 2022. Cryoniss operates in a competitive market with competitors including GenVault Corporation, iSpecimen, PrecisionMed, AminoChain and ViaCell, among others.

  • Headquarter Macclesfield, United Kingdom
  • Employees 9 as on 31 Mar, 2022
  • Founders Phil Hargreaves, Sonia Houghton
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Cryoniss Ltd.
  • Date of Incorporation 06 Mar, 2018
  • Jurisdiction MACCLESFIELD, ENGLAND
Operational Areas
Healthcare → Biotechnology, Genomics & Life Sciences Research
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $683.06 K (USD)

    in 1 rounds

  • Latest Funding Round
    $683.06 K (USD), Seed

    Jan 18, 2022

  • Investors
  • Employee Count
    9

    as on Mar 31, 2022

  • Acquired by
    Biofortuna

    (May 10, 2024)

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People of Cryoniss
Headcount 1-10
Employee Profiles 2
Employee Profiles
People
Philip Hargreaves
Operations Manager – Controlled Environment Storage
People
Sonia Houghton
Business Manager - Controlled Environment Storage

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Teams

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Funding Insights of Cryoniss

Cryoniss has successfully raised a total of $683.06K through 1 strategic funding round. The most recent funding activity was a Seed round of $683.06 thousand completed in January 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 1
  • Last Round Seed — $683,055
  • First Round

    (18 Jan 2022)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2022 Amount Seed - Cryoniss Valuation Maven Capital Partners
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 Cryoniss

Cryoniss has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Maven Capital Partners and Biofortuna. 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
Investor Description Founded Year Domain Location
Multiple sectors are targeted for private equity investments.
Founded Year Domain Location
Provider of manufacturing services for immunoassays, molecular diagnostics, and regulatory services
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 Cryoniss

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

Financial Statements - Cryoniss

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

Cryoniss Comparisons

Employees
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Competitors of Cryoniss

Cryoniss 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 GenVault Corporation, iSpecimen, PrecisionMed, AminoChain and ViaCell, 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
Biosamples are stabilized, transported, stored, and retrieved by GenVault.
domain founded_year HQ Location
Provider of a biorepository of human clinical specimens
domain founded_year HQ Location
Human biological materials for research are supplied via a biorepository.
domain founded_year HQ Location
A blockchain-based platform for tokenizing and incentivizing stem cell donations
domain founded_year HQ Location
Provider of services for collecting and preserving umbilical cord blood stem cells
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 Cryoniss

Frequently Asked Questions about Cryoniss

When was Cryoniss founded?

Cryoniss was founded in 2018 and raised its 1st funding round 4 years after it was founded.

Where is Cryoniss located?

Cryoniss is headquartered in Macclesfield, United Kingdom. It is registered at Macclesfield, Cheshire, United Kingdom.

Who is the current CEO of Cryoniss?

Sonia Houghton is the current CEO of Cryoniss. They have also founded this company.

Is Cryoniss a funded company?

Cryoniss is a funded company, having raised a total of $683.06K across 1 funding round to date. The company's 1st funding round was a Seed of $683.06K, raised on Jan 18, 2022.

How many employees does Cryoniss have?

As of Mar 31, 2022, the latest employee count at Cryoniss is 9.

What does Cryoniss do?

Cryoniss was established in 2018 in Macclesfield, United Kingdom, as a provider of biobanking services within the life sciences sector. Human biological samples are stored in vapor-phase liquid nitrogen or at ambient temperatures. Clinical samples from various trial phases are accommodated, along with bioreagents such as glycerol stocks, DNA, frozen cultures, and antibodies maintained at ambient conditions. Operations focus on secure preservation for research and development needs.

Who are the top competitors of Cryoniss?

Cryoniss's top competitors include iSpecimen, AminoChain and GenVault Corporation.

Who are Cryoniss's investors?

Cryoniss has 2 investors. Key investors include Maven Capital Partners, and Biofortuna.

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