Photolitec

Buffalo, United States Founded: 2010 • Age: 16 yrs
Supplies photosensitizing compounds for tumor imaging and photodynamic cancer therapy.

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
  • Sectors
    Healthcare
  • Website photolitec.org
Key Metrics
  • Total Equity Funding
    $5M (USD)

    in 5 rounds

  • Latest Funding Round
    $1.36M (USD), Grant

    Sep 2020

  • Investors
    HHS

    & 3 more

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 $5M
  • Total Rounds 5
  • Last Round Grant β€” $1.36M
  • First Round $2M

    (Jan 2011)

  • Investors Count 4

All 5 funding rounds of Photolitec with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Sep 2020$1.36MGrant––
Mar 2015$2MSeries A––
Aug 2013$1.65MGrant––
Mar 2012$1MSeries A––
Jan 2011$2MSeries A–Huahai Pharmaceutical
–
Valuation history

4 investors in total: 4 institutional.

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.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Public health and human services are overseen by HHS.
1953hhs.gov-
Advanced API intermediates are manufactured for pharmaceutical use.
2007amiorganics.comSurat, India
Pharmaceutical APIs, formulations, and animal health products are manufactured.
1956hisunpharm.comTaizhou, China
APIs, formulations, and intermediates are manufactured, specializing in pril products.
1989huahaipharm.comTaizhou, China
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Investor details for Photolitec

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  • Round participation
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People of Photolitec

2 people are tracked at Photolitec (1 in leadership, 1 in team).

NameRoleGroup
Ravindra K. Pandey
Founder & CSOLeadership
Aimee Joy Marko
Principal InvestigatorTeam
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Complete people profiles for Photolitec

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Timeline of Photolitec

3 dated milestones of Photolitec across 10 years, from founding to its latest funding, stage changes and deals.

  1. Founded Photolitec is founded.
  2. Funding First funding round of $2.0M.
  3. Funding Latest funding round, Grant, of $1.4M.

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.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
imaginab.com2007Los Angeles, United States$59.64M17
ImaginAb is focused on developing advanced immuno-oncology imaging technologies.
acimmune.com2003Lausanne, Switzerland$119.82M–
Antibodies, small molecules, and vaccines are developed for neurodegenerative diseases.
photopharmics.com2011American Fork, United States$43.44M–
Non-invasive phototherapy for Parkinson's disease is developed.
aprinoia.com2015Taipei, Taiwan$51.1M15
Diagnostics and therapeutics for neurodegenerative disorders are developed.
bioarctic.com2003Bromma, Sweden––
Disease-modifying treatments for neurodegenerative diseases are developed.
blueearthdiagnostics.com2014Oxford, United Kingdom$49.42M38
Radioactive molecular imaging agents for cancer are developed.
nuviewlifesciences.com2005Park, United States$90M–
Cancer diagnosis devices targeting VPAC1 receptors are developed.
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Detailed competitors of Photolitec

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  • Operating metrics
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Similar companies to Photolitec

10 companies that operate in the same segment as Photolitec (Immunology & Cancer Therapeutics), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
mRNA-based therapeutics for diseases including cancer and infections are developed.
2010Cambridge, Massachusetts, United StatesUSD 2.78 BUSD 1.94 B5,800
Antibody-based drugs are developed for autoimmune diseases and cancer treatment.
2008Ghent, East Flanders, BelgiumUSD 61.9 MUSD 1.41 B355
Targeted and immune-oncology drugs for cancer treatment are developed.
2010Cambridge, Massachusetts, United StatesUSD 172 M––
Immuno-modulatory therapies for dementia and neurodegenerative disorders are developed.
2013San Francisco, California, United StatesUSD 214.78 MUSD 21.05 M211
Targeted therapies for cancer treatment are developed.
2005Waltham, Massachusetts, United StatesUSD 198.29 MUSD 172.35 M270
Treatments for anemia and fibrosis by exploiting connective tissue growth factor (CTGF) and hypoxia-inducible factor (HIF) biology.
1993San Francisco, California, United StatesUSD 215.5 MUSD 29.62 M225
Plasma-based biologics are developed for immune deficiency and infectious diseases.
2005Ramsey, Minnesota, United StatesUSD 17.55 MUSD 510.17 M685
Antibody drugs for cancer treatment are developed.
2015Singapore, SingaporeUSD 150 M––
CAR T-cell and T-cell receptor immunotherapies for cancer are developed.
2013Seattle, Washington, United StatesUSD 316.67 M–520
Antibody-based therapeutics for cancer therapy are developed via cell-free synthesis.
2003United StatesUSD 171.85 MUSD 102.48 M338
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Frequently Asked Questions about Photolitec

Photolitec was founded in 2010 and raised its 1st funding round 1 year after it was founded.

Photolitec is headquartered in Buffalo, United States. It is registered at Buffalo, New York, United States.

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 Series A of $2M, raised on Jan 2011.

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.

Photolitec's top competitors include ImaginAb, AC Immune and PhotoPharmics.

Photolitec has 4 investors. Key investors include HHS, Ami organics, Huahai Pharmaceutical, and Zhejiang Hisun Pharmaceuticals.

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