About Solasta Bio
Solasta Bio is a company based in Glasgow (United Kingdom) founded in 2020 by Paul Bernasconi, Julian Dow, and Shireen Davies.. Solasta Bio has raised $20.76 million across 4 funding rounds from investors including University of Glasgow, Corteva Agriscience and Scottish Enterprise. The company has 19 employees as of March 31, 2024. Solasta Bio operates in a competitive market with competitors including DaBomb Protein, Innate Immunity and AgroMed, among others.
- Headquarter Glasgow, United Kingdom
- Employees 19 as on 31 Mar, 2024
- Founders Paul Bernasconi, Julian Dow, Shireen Davies
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Sectors
Agriculture
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Email
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Phone
*********
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Website
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Social
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- Legal Name Solasta Bio Limited
- Date of Incorporation 19 May, 2020
- Jurisdiction GLASGOW, SCOTLAND
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$20.76 M (USD)
in 4 rounds
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Latest Funding Round
$14 M (USD), Series A
Sep 11, 2024
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Investors
University of Glasgow
& 12 more
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Employee Count
19
as on Mar 31, 2024
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Funding Insights of Solasta Bio
Solasta Bio has successfully raised a total of $20.76M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $14 million completed in September 2024. 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 Series A — $14.0M
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First Round
First Round
(16 Aug 2021)
- Investors Count 13
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2024 | Amount | Series A - Solasta Bio | Valuation | Forbion , FMC | |
| Mar, 2024 | Amount | Grant - Solasta Bio | Valuation |
investors |
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| Apr, 2023 | Amount | Seed - Solasta Bio | Valuation | The Yield Lab |
| 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 Solasta Bio
Solasta Bio has secured backing from 13 investors, including venture fund and institutional investors. Prominent investors backing the company include University of Glasgow, Corteva Agriscience and Scottish Enterprise. 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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Venture capital firm focused on lifescience and healthcare sectors
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Founded Year | Domain | Location | |
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Venture capital is provided by Cavallo Ventures in multiple sectors.
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Founded Year | Domain | Location | |
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Impact investments are made in world-changing entrepreneurial ventures.
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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 Solasta Bio
| 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 - Solasta Bio
| 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 |
Solasta Bio Comparisons
Competitors of Solasta Bio
Solasta Bio 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 DaBomb Protein, Innate Immunity and AgroMed, 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 |
Manufacturer of protein food for pets
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| domain | founded_year | HQ Location |
Biotechnology firm creating AMP platforms for disease resistance in health and agriculture sectors.
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| domain | founded_year | HQ Location |
Utilizes lytic peptides to develop disease-resistant plants with improved nutritional content.
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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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Latest news on Solasta Bio
Frequently Asked Questions about Solasta Bio
When was Solasta Bio founded?
Solasta Bio was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Where is Solasta Bio located?
Solasta Bio is headquartered in Glasgow, United Kingdom. It is registered at Glasgow, Scotland, United Kingdom.
Who is the current CEO of Solasta Bio?
Shireen Davies is the current CEO of Solasta Bio. They have also founded this company.
Is Solasta Bio a funded company?
Solasta Bio is a funded company, having raised a total of $20.76M across 4 funding rounds to date. The company's 1st funding round was a Seed of $4.96M, raised on Aug 16, 2021.
How many employees does Solasta Bio have?
As of Mar 31, 2024, the latest employee count at Solasta Bio is 19.
What does Solasta Bio do?
Solasta Bio was founded in 2020 in Glasgow, United Kingdom. Operations focus on the biotechnology sector for agriculture. Insect control peptides are developed to disrupt functions in target pest species. Beneficial insects and vertebrates are left unaffected by these solutions. Pest control services and related inputs are offered through this platform to support sustainable management practices.
Who are the top competitors of Solasta Bio?
Solasta Bio's top competitors include DaBomb Protein, Innate Immunity and AgroMed.
Who are Solasta Bio's investors?
Solasta Bio has 13 investors. Key investors include University of Glasgow, Corteva Agriscience, Scottish Enterprise, UPL, and FMC Corporation.
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