About Puridify
Puridify is a company based in Stevenage (United Kingdom) founded in 2013 was acquired by GE Healthcare in November 2017.. Puridify has raised $4.83 million across 4 funding rounds from investors including GE Healthcare, GSK and European Union. The company has 1 employees as of December 31, 2021. Puridify operates in a competitive market with competitors including GSK, Avidity Biosciences, Sutro Biopharma, Antheia and Vividion Therapeutics, among others.
- Headquarter Stevenage, United Kingdom
- Employees 1 as on 31 Dec, 2021
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Sectors
Healthcare
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Puridify Ltd.
- Date of Incorporation 15 Mar, 2013
- Jurisdiction STEVENAGE, HERTFORDSHIRE
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$4.83 M (USD)
in 4 rounds
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Latest Funding Round
$55.83 K (USD), Grant
Aug 01, 2016
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Investors
GE Healthcare
& 5 more
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Employee Count
1
as on Dec 31, 2021
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Acquired by
GE Healthcare
(Nov 28, 2017)
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Funding Insights of Puridify
Puridify has successfully raised a total of $4.83M across 4 strategic funding rounds. The most recent funding activity was a Grant round of $55.83 thousand completed in August 2016. 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 4
- Last Round Grant — $55,833
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First Round
First Round
(28 May 2014)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2016 | Amount | Grant - Puridify | Valuation |
investors |
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| Oct, 2015 | Amount | Series A - Puridify | Valuation |
investors |
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| Oct, 2015 | Amount | Grant - Puridify | Valuation |
investors |
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| 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 Puridify
Puridify has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include GE Healthcare, GSK and European Union. 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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Investments in startups are focused on Europe and the US.
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Founded Year | Domain | Location | |
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A biotechnology venture capital firm investing in innovative science.
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Founded Year | Domain | Location | |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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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 Puridify
| 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.
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2016 |
Financial Statements - Puridify
| 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 |
Puridify Comparisons
Competitors of Puridify
Puridify 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 GSK, Avidity Biosciences, Sutro Biopharma, Antheia and Vividion Therapeutics, 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 |
Developer of pharmaceuticals and vaccines for various therapeutic areas
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| domain | founded_year | HQ Location |
Antibody-siRNA complexes are developed for cancer treatment.
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| domain | founded_year | HQ Location |
Antibody-based therapeutics for cancer therapy are developed via cell-free synthesis.
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| domain | founded_year | HQ Location |
Yeast cells are genetically engineered to produce medicinal products.
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| domain | founded_year | HQ Location |
Developing novel drugs based on a proteome-wide ligand and target discovery platform
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| domain | founded_year | HQ Location |
CRISPR-engineered cell and gene therapies are developed for research applications.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Puridify
Frequently Asked Questions about Puridify
When was Puridify founded?
Puridify was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Where is Puridify located?
Puridify is headquartered in Stevenage, United Kingdom. It is registered at Stevenage, Hertfordshire, United Kingdom.
Is Puridify a funded company?
Puridify is a funded company, having raised a total of $4.83M across 4 funding rounds to date. The company's 1st funding round was a Series A of $3.4M, raised on May 28, 2014.
How many employees does Puridify have?
As of Dec 31, 2021, the latest employee count at Puridify is 1.
What does Puridify do?
Puridify was formed in 2013 as a spin-out from University College London in the bioprocessing sector. Platform technologies are developed and commercialized to support production of macromolecular biotherapeutics, including gene therapies and viral vectors, while addressing chromatography membrane capacity constraints. Limitations of packed bed systems are resolved by the proprietary FibroSelect structure, which improves efficiency, stability, and purity outcomes. Operations are located in Stevenage, United Kingdom.
Who are the top competitors of Puridify?
Puridify's top competitors include Sutro Biopharma, Synthego and Avidity Biosciences.
Who are Puridify's investors?
Puridify has 6 investors. Key investors include GE Healthcare, GSK, European Union, Imperial Innovations, and SR One.
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