About Photolitec
Photolitec is a company based in Buffalo (United States) founded in 2010. It operates as a B2B. Photolitec has raised $5 million across 5 funding rounds from investors including HHS, Ami organics and Huahai Pharmaceutical. Photolitec operates in a competitive market with competitors including ImaginAb, AC Immune, PhotoPharmics, APRINOIA and BioArctic, among others.
- Headquarter Buffalo, United States
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Sectors
Healthcare
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Phone
*********
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Website
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$5 M (USD)
in 5 rounds
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Latest Funding Round
$1.36 M (USD), Grant
Sep 07, 2020
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Investors
HHS
& 3 more
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Employee Count
Employee Count
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Funding Insights of Photolitec
Photolitec has successfully raised a total of $5M across 5 strategic funding rounds. The most recent funding activity was a Grant round of $1.36 million completed in September 2020. 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 5
- Last Round Grant — $1.4M
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First Round
First Round
(27 Jan 2011)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2020 | Amount | Grant - Photolitec | Valuation |
investors |
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| Mar, 2015 | Amount | Series A - Photolitec | Valuation |
investors |
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| Aug, 2013 | Amount | Grant - Photolitec | Valuation |
investors |
| 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 Photolitec
Photolitec has secured backing from 4 investors, including institutional investors. Prominent investors backing the company include HHS, Ami organics and Huahai Pharmaceutical. 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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Public health and human services are overseen by HHS.
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Founded Year | Domain | Location | |
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Advanced API intermediates are manufactured for pharmaceutical use.
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Founded Year | Domain | Location | |
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Pharmaceutical APIs, formulations, and animal health products are manufactured.
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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 Photolitec
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
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 |
Financial Statements - Photolitec
| 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 |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Photolitec Comparisons
Competitors of Photolitec
Photolitec 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 ImaginAb, AC Immune, PhotoPharmics, APRINOIA and BioArctic, 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 |
ImaginAb is focused on developing advanced immuno-oncology imaging technologies.
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| domain | founded_year | HQ Location |
Antibodies, small molecules, and vaccines are developed for neurodegenerative diseases.
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| domain | founded_year | HQ Location |
Non-invasive phototherapy for Parkinson's disease is developed.
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| domain | founded_year | HQ Location |
Diagnostics and therapeutics for neurodegenerative disorders are developed.
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| domain | founded_year | HQ Location |
Disease-modifying treatments for neurodegenerative diseases are developed.
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| domain | founded_year | HQ Location |
Radioactive molecular imaging agents for cancer are developed.
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| 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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Frequently Asked Questions about Photolitec
When was Photolitec founded?
Photolitec was founded in 2010 and raised its 1st funding round 1 year after it was founded.
Where is Photolitec located?
Photolitec is headquartered in Buffalo, United States. It is registered at Buffalo, New York, United States.
Is Photolitec a funded company?
Photolitec is a funded company, having raised a total of $5M across 5 funding rounds to date. The company's 1st funding round was a Grant of $1.65M, raised on Jan 27, 2011.
What does Photolitec do?
Photolitec, founded in 2010 in Buffalo, United States, focuses on providing healthcare solutions, advancing biotech innovations, medical imaging, and cancer therapy. Supplies photosensitizing compounds for tumor imaging and photodynamic cancer therapy. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
Who are the top competitors of Photolitec?
Photolitec's top competitors include ImaginAb, AC Immune and PhotoPharmics.
Who are Photolitec's investors?
Photolitec has 4 investors. Key investors include HHS, Ami organics, Huahai Pharmaceutical, and Zhejiang Hisun Pharmaceuticals.