Micromet

Munchen, Germany Founded: 1993 • Age: 33 yrs
Develops antibodies using proprietary BiTe platform technology.

About Micromet

Micromet is a Healthcare company based in Munchen (Germany) founded in 1993. It develops antibodies using proprietary BiTe platform technology. Micromet has raised $10.5 million across 3 funding rounds from investors including BMBF. Its focus areas include Life Sciences, Oncology, Drugs and Diversified. Its legal entity is Micromet GmbH.

Company details

The company was founded in 1993 in Munich, Germany, and operated in the biotechnology sector. Novel antibodies were developed for treating cancer, inflammation, and autoimmune diseases using the proprietary BiTE platform, which activates patient T cells to target diseased cells. The lead product, blinatumomab, was advanced for cancer therapy. Operations ceased following acquisition by Amgen in January 2012.

Key Metrics
  • Annual Revenue
    $22.39 M (USD)
    -43
    as on Dec 31, 2011
  • Net Profit
    $57.8 M (USD)
    224
    as on Dec 31, 2011
  • Total Equity Funding
    $10.5M (USD)

    in 3 rounds

  • Latest Funding Round
    $75M (USD), Post-IPO

    Aug 2009

  • Investors

Funding Insights of Micromet

Micromet has successfully raised a total of $10.5M across 3 strategic funding rounds. The most recent funding activity was a Post-IPO round of $75 million completed in August 2009. 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 $10.5M
  • Total Rounds 3
  • Last Round Post-IPO β€” $75M
  • First Round $1.4M

    (Jul 1998)

  • Investors Count 1

All 3 funding rounds of Micromet with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Aug 2009$75MPost-IPO––
–
Apr 2000$10.5MSeries A––
–
Jul 1998$1.4MGrant––
Valuation history

1 investors in total: 1 institutional.

Investors in Micromet

Micromet has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include BMBF.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Education and research policies are overseen by the ministry.
1955bmbf.deBerlin, Germany
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Investor details for Micromet

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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  • Round participation
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Verified entity values are shown only after access is granted.

Timeline of Micromet

3 dated milestones of Micromet across 16 years, from founding to its latest funding, stage changes and deals.

  1. Founded Micromet is founded.
  2. Funding First funding round of $1.4M.
  3. Funding Latest funding round, Post-IPO, of $75.0M.

Web traffic of Micromet

Websites that share an audience with Micromet (micromet.de).

Similar websites

Websites whose visitors overlap most with Micromet. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
biotica.co.uk
biotica.co.uk
100%
–
crusadelabs.co.uk
crusadelabs.co.uk
100%
–
acimmune.com
100%
11.3K#1,671,085View details
allos.com
100%
View details
cancervaccines.com
cancervaccines.com
100%
–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 19 similar websites and full traffic analytics for Micromet

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  • 19 similar websites
  • Audience overlap
  • Engagement analytics
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Verified entity values are shown only after access is granted.

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Related news about Micromet

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Frequently Asked Questions about Micromet

Micromet was founded in 1993 and raised its 1st funding round 5 years after it was founded.

Micromet is headquartered in Munchen, Germany. It is registered at Munchen, Bayern, Germany.

Micromet is a funded company, having raised a total of $10.5M across 3 funding rounds to date. The company's 1st funding round was a Grant of $1.4M, raised on Jul 1998.

Annual revenue of Micromet is $22.39M as on Dec 31, 2011.

The company was founded in 1993 in Munich, Germany, and operated in the biotechnology sector. Novel antibodies were developed for treating cancer, inflammation, and autoimmune diseases using the proprietary BiTE platform, which activates patient T cells to target diseased cells. The lead product, blinatumomab, was advanced for cancer therapy. Operations ceased following acquisition by Amgen in January 2012.

Micromet has 1 investor. Key investors include BMBF.

Micromet operates through Micromet Gmbh.

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