FBB Biomed

Coralville, United States Founded: 2020 • Age: 6 yrs
In-vitro diagnostic tests for COVID-19 and neurological diseases are developed.
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About FBB Biomed

FBB Biomed is a company based in Coralville (United States) founded in 2020.. FBB Biomed has raised $401 thousand across 2 funding rounds. FBB Biomed offers products and services including FBB Test and Research Blood Tests. FBB Biomed operates in a competitive market with competitors including DermTech, NeuMoDx, Molbio Diagnostics, Kryptos Biotechnologies and Altratech, among others.

  • Headquarter Coralville, United States
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Fbb Biomed, Inc.
Operational Areas
Healthcare → Biotechnology, Genomics & Life Sciences Research
Healthcare → Biotechnology, Genomics & Life Sciences Research
Healthcare → Healthcare Products & Supplies
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $401 K (USD)

    in 2 rounds

  • Latest Funding Round
    $326 K (USD), Seed

    Aug 04, 2020

  • Investors
  • Employee Count
    Employee Count
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Products & Services of FBB Biomed

FBB Biomed offers a comprehensive portfolio of products and services, including FBB Test and Research Blood Tests. 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.

Primary

Noninvasive test to detect genes linked to autoimmune diseases for research.

Tools for measuring external influences on neurologic health in studies.

People of FBB Biomed
Headcount 1-10
Employee Profiles 9
Employee Profiles
People
Steven Urnovitz
Co-founder, COO
People
Howard Urnovitz
Chief Executive Officer
People
Heinz Dr. Hänel
Senior Berater
People
Michael S. Chimenti
Machine Learning & Bioinformatics Consultant

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Funding Insights of FBB Biomed

FBB Biomed has successfully raised a total of $401K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $326 thousand completed in August 2020. 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 2
  • Last Round Seed — $326,000
  • First Round

    (14 Jan 2020)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Aug, 2020 Amount Seed - FBB Biomed Valuation

investors

Jan, 2020 Amount Seed - FBB Biomed Valuation

investors

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

Investments & Acquisitions by FBB Biomed

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 - FBB Biomed

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

Fbb Biomed Comparisons

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Competitors of FBB Biomed

FBB Biomed 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 DermTech, NeuMoDx, Molbio Diagnostics, Kryptos Biotechnologies and Altratech, 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.

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Latest news on Fbb Biomed

Frequently Asked Questions about FBB Biomed

When was FBB Biomed founded?

FBB Biomed was founded in 2020.

Where is FBB Biomed located?

FBB Biomed is headquartered in Coralville, United States. It is registered at Coralville, Iowa, United States.

Who is the current CEO of FBB Biomed?

Howard Urnovitz is the current CEO of FBB Biomed.

Is FBB Biomed a funded company?

FBB Biomed is a funded company, having raised a total of $401K across 2 funding rounds to date. The company's 1st funding round was a Seed of $75K, raised on Jan 14, 2020.

What does FBB Biomed do?

FBB Biomed was founded in 2020 and is based in Coralville, United States, within the biotechnology sector focused on diagnostics. In-vitro tests for COVID-19 and neurological conditions are developed through a process where finger-stick blood samples are collected from patients, RNA is extracted, and analysis is conducted via qPCR. Clinical reports are then produced and interpreted. Data from blood samples of three relapsing-remitting multiple sclerosis patients have been incorporated.

Who are the top competitors of FBB Biomed?

FBB Biomed's top competitors include DermTech, Molbio Diagnostics and NeuMoDx.

What products or services does FBB Biomed offer?

FBB Biomed offers FBB Test and Research Blood Tests.

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