About DiscoverX
DiscoverX is a company based in Birmingham (United Kingdom) founded in 2000 was acquired by Eurofins Scientific in July 2017.. DiscoverX has raised $13.4 million across 3 funding rounds from investors including Eurofins Scientific. DiscoverX has completed 1 acquisition, including BioSeek. DiscoverX offers products and services including Bioassay Kits, Recombinant Helicases, and Checkpoint Agonist Antibody Assays. DiscoverX operates in a competitive market with competitors including Kiyatec, Cellply, Lucid Scientific, CytoTronics and Saguaro, among others.
- Headquarter Birmingham, United Kingdom
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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 Discoverx Corporation, Ltd.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$13.4 M (USD)
in 3 rounds
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Latest Funding Round
$8 M (USD), Series B
Oct 27, 2010
- Investors
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Employee Count
Employee Count
- Investments & Acquisitions
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Acquired by
Eurofins Scientific
(Jul 31, 2017)
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Products & Services of DiscoverX
DiscoverX offers a comprehensive portfolio of products and services, including Bioassay Kits, Recombinant Helicases, and Checkpoint Agonist Antibody Assays. 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.
Kits for accelerating development of obesity and diabetes drugs.
Proteins for hit finding and therapeutic innovation in DNA and RNA.
Assays to detect potential in antibody candidates for checkpoint receptors.
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Funding Insights of DiscoverX
DiscoverX has successfully raised a total of $13.4M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $8 million completed in October 2010. 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 3
- Last Round Series B — $8.0M
- First Round First Round
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2010 | Amount | Series B - DiscoverX | Valuation |
investors |
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| Aug, 2009 | Amount | Series A - DiscoverX | Valuation |
investors |
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| Mar, 2007 | Amount | Seed - DiscoverX | Valuation |
investors |
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| 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 DiscoverX
DiscoverX has secured backing from 1 investor. Prominent investors backing the company include Eurofins Scientific. 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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Laboratory testing and contract research services are provided globally.
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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 DiscoverX
DiscoverX has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include BioSeek. 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.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Provider of drug discovery services
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2000 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - DiscoverX
| 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 |
Discoverx Comparisons
Competitors of DiscoverX
DiscoverX 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 Kiyatec, Cellply, Lucid Scientific, CytoTronics and Saguaro, 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 |
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| domain | founded_year | HQ Location |
Kiyatec is focused on revolutionizing cancer care through predictive platforms.
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| domain | founded_year | HQ Location |
Developer of in-vitro diagnostic products for the detection of cancer
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| domain | founded_year | HQ Location |
Real-time cell analyzers are developed for oxygen consumption monitoring.
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| domain | founded_year | HQ Location |
Cell-based assays for drug discovery are developed via CMOS platform.
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| domain | founded_year | HQ Location |
3D cell culture products are developed for drug discovery applications.
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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 Discoverx
Frequently Asked Questions about DiscoverX
When was DiscoverX founded?
DiscoverX was founded in 2000 and raised its 1st funding round 7 years after it was founded.
Where is DiscoverX located?
DiscoverX is headquartered in Birmingham, United Kingdom. It is registered at Birmingham, England, United Kingdom.
Is DiscoverX a funded company?
DiscoverX is a funded company, having raised a total of $13.4M across 3 funding rounds to date.
What does DiscoverX do?
Reagent and complete cell-based assay kits are developed, manufactured, and marketed by DiscoverX, along with profiling and screening services for drug discovery. The BioMAP platform, which simulates human cell types and tissue interactions in disease states, is utilized to support screening, lead optimization, and SAR campaigns. Founded in 2000, operations are based in the biotechnology sector in Birmingham, United Kingdom.
Who are the top competitors of DiscoverX?
DiscoverX's top competitors include CytoTronics, Kiyatec and Remedy Plan.
What products or services does DiscoverX offer?
DiscoverX offers Bioassay Kits, Recombinant Helicases, and Checkpoint Agonist Antibody Assays.
How many acquisitions has DiscoverX made?
DiscoverX has made 1 acquisition, including BioSeek.
Who are DiscoverX's investors?
DiscoverX has 1 investor. Key investors include Eurofins Scientific.
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