LevitasBio

San Francisco, United States Founded: 2017 • Age: 9 yrs
Single-cell imaging platform developed via magnetic levitation technology.
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About LevitasBio

LevitasBio is a company based in San Francisco (United States) founded in 2017 by Lars Steinmetz, Gozde Durmus, and Utkan Demirci.. LevitasBio has raised $73.77 million across 4 funding rounds from investors including Novalis LifeSciences, Pavilion Capital Partners and Decheng Capital. LevitasBio offers products and services including LeviCell EOS, LeviCell 1.0, LeviPrep, LeviSelect, and LeviMetrics. LevitasBio operates in a competitive market with competitors including 10X Genomics, Mission Bio, Cellares, LUMICKS and Biolog, among others.

  • Headquarter San Francisco, United States
  • Founders Lars Steinmetz, Gozde Durmus, Utkan Demirci
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Healthcare → Biotechnology, Genomics & Life Sciences Research
Healthcare → Biotechnology, Genomics & Life Sciences Research
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $73.77 M (USD)

    in 4 rounds

  • Latest Funding Round
    $11.76 M (USD), Series C

    Mar 28, 2024

  • Investors
  • Employee Count
    Employee Count
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Products & Services of LevitasBio

LevitasBio offers a comprehensive portfolio of products and services, including LeviCell EOS, LeviCell 1.0, LeviPrep, LeviSelect, and LeviMetrics. 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

Processes samples to improve cell viability and remove debris.

Elevates research by isolating viable cells from low-quality samples.

Handles primary tissues for better dissociation and integrity.

Enriches specific cells without altering their state.

Analyzes levitated samples using AI-based tools.

People of LevitasBio
Headcount 10-50
Employee Profiles 7
Board Members and Advisors 9
Employee Profiles
People
Suzanne Weaver
Senior Director, System Development
People
Martin Pieprzyk
CEO
People
Geoff Facer
Chief Technology Officer
People
Mar Margalef Catala
Field Application Scientist And R&d Scientist

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Board Members and Advisors
people
Victor Tong
Board Member
people
Utkan Demirci
Scientific Founder
people
Phillips Huang
Observer
people
Paul Meister
Observer

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Funding Insights of LevitasBio

LevitasBio has successfully raised a total of $73.77M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $11.76 million completed in March 2024. 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 Series C — $11.8M
  • First Round

    (03 Aug 2017)

  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2024 Amount Series C - LevitasBio Valuation

investors

Oct, 2022 Amount Series C - LevitasBio Valuation Novalis LifeSciences
Jan, 2021 Amount Series B - LevitasBio 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

Investors in LevitasBio

LevitasBio has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Novalis LifeSciences, Pavilion Capital Partners and Decheng Capital. 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
Investment and advisory services are provided for life sciences.
Founded Year Domain Location
Growth-stage companies are invested in by this venture capital fund.
Founded Year Domain Location
Venture capital firm focused on life science and technology sectors
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 LevitasBio

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 - LevitasBio

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

Levitasbio Comparisons

Employees
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Competitors of LevitasBio

LevitasBio 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 10X Genomics, Mission Bio, Cellares, LUMICKS and Biolog, 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
Instrument systems for genomic research and sequencing libraries are developed.
domain founded_year HQ Location
Single-cell multi-omics platform is provided for genotypic and phenotypic analysis.
domain founded_year HQ Location
Medical devices for cell-based therapy manufacturing are produced.
domain founded_year HQ Location
Optical tweezers instruments for single-molecule analysis are manufactured.
domain founded_year HQ Location
Cell-based phenotyping technologies and assays are provided for microbial analysis.
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 Levitasbio

Frequently Asked Questions about LevitasBio

When was LevitasBio founded?

LevitasBio was founded in 2017.

Where is LevitasBio located?

LevitasBio is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.

Who is the current CEO of LevitasBio?

Martin Pieprzyk is the current CEO of LevitasBio.

Is LevitasBio a funded company?

LevitasBio is a funded company, having raised a total of $73.77M across 4 funding rounds to date. The company's 1st funding round was a Series B of $19.01M, raised on Aug 03, 2017.

What does LevitasBio do?

Founded in 2017 and based in San Francisco, United States, LevitasBio operates in the biotechnology sector. A single-cell imaging and profiling platform, known as the levitation image cytometry platform, is being developed using magnetic levitation technology. This label-free method for cell analysis is intended for applications in therapeutics, diagnostics, and research. The platform enables universal cell profiling without traditional labeling techniques.

Who are the top competitors of LevitasBio?

LevitasBio's top competitors include 10X Genomics, Mission Bio and Cellares.

What products or services does LevitasBio offer?

LevitasBio offers LeviCell EOS, LeviCell 1.0, LeviPrep, LeviSelect, and LeviMetrics.

Who are LevitasBio's investors?

LevitasBio has 3 investors. Key investors include Novalis LifeSciences, Pavilion Capital Partners, and Decheng Capital.

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