About Megalabs
Megalabs is a company based in Canelones (Uruguay) founded in 2003.. Megalabs has raised $30 million across 2 funding rounds from investors including Tangent Works, Dragonfly Capital and Figment Capital. Megalabs has completed 2 acquisitions, including DS Laboratories and FRISKA. Megalabs offers products and services including Bioequivalents and Acid Hialurónico.
- Headquarter Canelones, Uruguay
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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
$30 M (USD)
in 2 rounds
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Latest Funding Round
$10 M (USD), Seed
Dec 13, 2024
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Investors
Tangent Works
& 5 more
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Employee Count
Employee Count
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Investments & Acquisitions
DS Laboratories
& 1 more
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Acquired by
(Apr 24, 2023)
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Products & Services of Megalabs
Megalabs offers a comprehensive portfolio of products and services, including Bioequivalents and Acid Hialurónico. 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.
Develops generic equivalents of branded drugs for affordable access
Provides intraarticular solutions for joint health applications
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Funding Insights of Megalabs
Megalabs has successfully raised a total of $30M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $10 million completed in December 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 2
- Last Round Seed — $10.0M
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First Round
First Round
(27 Jun 2024)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2024 | Amount | Seed - Megalabs | Valuation |
investors |
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| Jun, 2024 | Amount | Seed - Megalabs | Valuation | Dragonfly Capital |
| 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 Megalabs
Megalabs has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Tangent Works, Dragonfly Capital and Figment 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital investments are directed toward web3 sectors.
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Founded Year | Domain | Location | |
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Venture capital fund investing in blockchain startups
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Founded Year | Domain | Location | |
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Robot Ventures is associated with technology or robotics.
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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 Megalabs
Megalabs has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include DS Laboratories and FRISKA. 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.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Manufacturer of nutritional supplements for multiple health ailments
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2018 | ||||
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Science-backed hair and skin care products are developed.
|
2007 |
| 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.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Megalabs
| 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 |
Megalabs Comparisons
Competitors of Megalabs
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Megalabs
Frequently Asked Questions about Megalabs
When was Megalabs founded?
Megalabs was founded in 2003 and raised its 1st funding round 21 years after it was founded.
Where is Megalabs located?
Megalabs is headquartered in Canelones, Uruguay. It is registered at Canelones, Canelones, Uruguay.
Is Megalabs a funded company?
Megalabs is a funded company, having raised a total of $30M across 2 funding rounds to date. The company's 1st funding round was a Seed of $20M, raised on Jun 27, 2024.
What does Megalabs do?
Megalabs was founded in 2003 in Canelones, Uruguay, and operates within the pharmaceutical sector. A broad portfolio of medications and health solutions is manufactured and supplied internationally through its global domain. Focus is placed on research, development, and commercialization of diversified pharmaceutical offerings, with operations centered in Latin America and extending to various markets worldwide.
What products or services does Megalabs offer?
Megalabs offers Bioequivalents and Acid Hialurónico.
How many acquisitions has Megalabs made?
Megalabs has made 2 acquisitions, including DS Laboratories, and FRISKA.
Who are Megalabs's investors?
Megalabs has 6 investors. Key investors include Tangent Works, Dragonfly Capital, Figment Capital, Folius Ventures, and Robot Ventures.