Momentum Bioscience

Cardiff, United Kingdom Founded: 2008 • Age: 18 yrs
Developer of diagnostic solutions for the detection of infectious diseases

About Momentum Bioscience

Momentum Bioscience is a Healthcare company based in Cardiff (United Kingdom) founded in 2008. Momentum Bioscience has raised $5.75 million across 2 funding rounds from investors including IIG PLC. The company has 12 employees. Momentum Bioscience offers products and services including SepsiSTAT System and Rapid Phenotypic AST. Its focus areas include Life Sciences, Infectious Diseases, In Vitro Diagnostic Tests and Diversified. Its legal entity is MOMENTUM BIOSCIENCE LIMITED.

Company details

Developer of diagnostic solutions for the detection of infectious diseases. Its proprietary platform Enzymatic Template Generation Amplification (ETGA) detects microbial infections by measuring nucleic acid modifying enzymes. The companys flagship product is Cognition is based on ETGA technology.

  • Headquarters Cardiff, United Kingdom
  • Employees 12
  • Sectors
    Healthcare
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website momentumbio.co.uk
  • Social LinkedIn
  • Legal Name Momentum Bioscience Limited
  • Date of Incorporation 17 Oct, 2005
  • Jurisdiction CARDIFF, WALES
Key Metrics
  • Total Equity Funding
    $5.75M (USD)

    in 2 rounds

  • Latest Funding Round
    $5.4M (USD), Series A

    Sep 2021

  • Investors
  • Employee Count
    12

Products & Services of Momentum Bioscience

Momentum Bioscience offers a comprehensive portfolio of products and services, including SepsiSTAT System and Rapid Phenotypic AST.

SepsiSTAT System
Diagnostic Platform

Enables rapid detection and testing of bloodstream infections from blood samples.

Rapid Phenotypic AST
Antibiotic Testing

Accelerates antibiotic susceptibility results for sepsis treatment.

Funding Insights of Momentum Bioscience

Momentum Bioscience has successfully raised a total of $5.75M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $5.4 million completed in September 2021. 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 $5.75M
  • Total Rounds 2
  • Last Round Series A β€” $5.4M
  • First Round $355,000

    (Sep 2011)

  • Investors Count 1

All 2 funding rounds of Momentum Bioscience with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Sep 2021$5.4MSeries A––
Sep 2011$355,000Seed––
–
Valuation history

1 investors in total: 1 institutional.

Investors in Momentum Bioscience

Momentum Bioscience has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include IIG PLC.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Investments are directed by IIG toward life sciences startups.
2020iigplc.comLondon, United Kingdom
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Investor details for Momentum Bioscience

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People of Momentum Bioscience

5 people are tracked at Momentum Bioscience (3 in leadership, 2 in team); the tracked headcount is 12.

NameRoleGroup
Daniel Lockhart
Head Of Research And DevelopmentLeadership
Sumi Thaker
Chief Executive OfficerLeadership
Bill Mullen
Chief Scientific OfficerLeadership
Cyrine Mestiri
Senior Development ScientistTeam
James Turner
Principal Development ScientistTeam
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Complete people profiles for Momentum Bioscience

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Timeline of Momentum Bioscience

3 dated milestones of Momentum Bioscience across 13 years, from founding to its latest funding, stage changes and deals.

  1. Founded Momentum Bioscience is founded.
  2. Funding First funding round of $355K.
  3. Funding Latest funding round, Series A, of $5.4M.

Top companies in Genomics & Gene Therapy Platforms

2 companies that operate in the same segment as Momentum Bioscience (Genomics & Gene Therapy Platforms) in United Kingdom, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Nanopore-based electronic systems for single-molecule analysis are developed.
2005Oxford, Oxfordshire, United KingdomUSD 1.34 BUSD 301.49 M1,372
Genetically modified cell lines are developed using AAV gene-editing platform.
2007Cambridge, Cambridgeshire, United KingdomUSD 46.29 M
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Frequently Asked Questions about Momentum Bioscience

Momentum Bioscience was founded in 2008 and raised its 1st funding round 3 years after it was founded.

Momentum Bioscience is headquartered in Cardiff, United Kingdom. It is registered at Cardiff, Wales, United Kingdom.

Momentum Bioscience is a funded company, having raised a total of $5.75M across 2 funding rounds to date. The company's 1st funding round was a Seed of $355K, raised on Sep 2011.

Momentum Bioscience has 12 employees.

Developer of diagnostic solutions for the detection of infectious diseases. Its proprietary platform Enzymatic Template Generation Amplification (ETGA) detects microbial infections by measuring nucleic acid modifying enzymes. The companys flagship product is Cognition is based on ETGA technology.

Momentum Bioscience offers SepsiSTAT System and Rapid Phenotypic AST.

Momentum Bioscience has 1 investor. Key investors include IIG PLC.

Momentum Bioscience operates through Momentum Bioscience Limited.

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