About Lo Biosciences
Lo Biosciences is a company based in Bethesda (United States) founded in 2020 by Sasank Vemulapati and Li Jiang.. Lo Biosciences has raised $20 thousand across 1 funding round from investors including Techstars. Lo Biosciences operates in a competitive market with competitors including Babson Diagnostics, Tasso, YourBio Health, Weavr Health and Velano Vascular, among others.
- Headquarter Bethesda, United States
- Founders Sasank Vemulapati, Li Jiang
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Sectors
Healthcare
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$20 K (USD)
in 1 rounds
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Latest Funding Round
$20 K (USD), Seed
Jun 01, 2024
- Investors
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Employee Count
Employee Count
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Funding Insights of Lo Biosciences
Lo Biosciences has successfully raised a total of $20K through 1 strategic funding round. The most recent funding activity was a Seed round of $20 thousand completed in June 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 Funding
- Total Rounds 1
- Last Round Seed — $20,000
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First Round
First Round
(01 Jun 2024)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2024 | Amount | Seed - Lo Biosciences | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
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Investors in Lo Biosciences
Lo Biosciences has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Techstars. 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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Startups are accelerated globally without sector restrictions through structured programs.
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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 Lo Biosciences
| 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 |
Financial Statements - Lo Biosciences
| 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 |
Lo Biosciences Comparisons
Competitors of Lo Biosciences
Lo Biosciences 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 Babson Diagnostics, Tasso, YourBio Health, Weavr Health and Velano Vascular, 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 |
Blood testing services are offered using finger-prick microsamples.
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| domain | founded_year | HQ Location |
Blood collection devices for diagnostic applications are developed.
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| domain | founded_year | HQ Location |
Push-button blood collection devices are manufactured for medical use.
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| domain | founded_year | HQ Location |
Manufactures high-quality blood collection devices for medical applications.
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| domain | founded_year | HQ Location |
Provider of a needle-free blood collection device
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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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Frequently Asked Questions about Lo Biosciences
When was Lo Biosciences founded?
Lo Biosciences was founded in 2020 and raised its 1st funding round 4 years after it was founded.
Where is Lo Biosciences located?
Lo Biosciences is headquartered in Bethesda, United States. It is registered at Bethesda, Maryland, United States.
Who is the current CEO of Lo Biosciences?
Sasank Vemulapati is the current CEO of Lo Biosciences. They have also founded this company.
Is Lo Biosciences a funded company?
Lo Biosciences is a funded company, having raised a total of $20K across 1 funding round to date. The company's 1st funding round was a Seed of $20K, raised on Jun 01, 2024.
What does Lo Biosciences do?
Lo Biosciences was founded in 2020 and is headquartered in Bethesda, United States. The company operates in the medical device sector, focusing on innovations for blood processing. A key product, Cinna, is designed to convert whole blood into plasma within seconds directly at the collection site, eliminating the need for centrifugation or drying processes. This approach supports efficient point-of-care diagnostics and laboratory workflows.
Who are the top competitors of Lo Biosciences?
Lo Biosciences's top competitors include Babson Diagnostics, YourBio Health and Tasso.
Who are Lo Biosciences's investors?
Lo Biosciences has 1 investor. Key investors include Techstars.