About Solus BioTech
Solus BioTech is a company based in Seoul (South Korea) founded in 2019 was acquired by Croda in February 2023. Solus BioTech operates in a competitive market with competitors including SmartKem, Alterix, ADWINDOWTOUCH and Treefoil, among others.
- Headquarter Seoul, South Korea
- SectorsTechnologyChemicals & Materials
- Phone•••• ••••
- Website solusbiotech.com
- Acquired by Croda (Feb 2023)
Funding Insights of Solus BioTech
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of Solus BioTech with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2022 | – | Seed | – | – |
2 investors in total: 2 institutional.
Investors in Solus BioTech
Solus BioTech has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Croda and LOTTE Fine Chemical.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Fine industrial chemicals are manufactured for various applications. | 1964 | lottefinechem.com | Seoul, South Korea | |
Diversified chemicals are manufactured by Croda in various sectors worldwide. | 1925 | croda.com | Goole, United Kingdom |
Investor details for Solus BioTech
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- Complete investor list
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Timeline of Solus BioTech
3 dated milestones of Solus BioTech across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Solus BioTech is founded.
- Funding First funding round.
- Exit Acquired by Croda.
Competitors of Solus BioTech
Solus BioTech 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 SmartKem, Alterix, ADWINDOWTOUCH and Treefoil, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| smartkem.com | 2009 | Manchester, United Kingdom | $55.03M | 27 | Application-specific organic materials for thin-film transistors are developed. | |
| alterix.co.uk | 2015 | Cambridge, United Kingdom | – | – | Touch display components | |
| adwindowtouch.com | 2015 | Gava, Spain | – | – | Provides multitouch foils and software for interactive displays in technology applications. | |
| treefoil.net | 2018 | Lagoa, Portugal | – | – | Provides interactive touch foil-based display solutions. |
Detailed competitors of Solus BioTech
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- Full competitor set
- Operating metrics
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Latest news on Solus Biotech
Complete news archive for Solus BioTech
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- Full article archive
- Source and publication date
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- Brand-specific news history
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Similar companies to Solus BioTech
10 companies that operate in the same segment as Solus BioTech (Audio & Display Technologies), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Personal audio products, wearables, and mobile accessories are retailed. | 2016 | Gurugram, Haryana, India | USD 171.3 M | USD 366.28 M | 471 | |
Personalized audio solutions and hearing tests are provided. | 2014 | Berlin, Berlin, Germany | USD 25.38 M | – | – | |
Internet first brand offering analog, mixed-signal, and audio DSP integrated circuits | 1984 | Austin, Texas, United States | – | USD 2 B | 1,660 | |
Multi-category electronics are provided by an internet-first brand. | 2020 | London, England, United Kingdom | USD 448.3 M | – | – | |
Flexible displays are researched, developed, and manufactured by Royole. | 2012 | Fremont, California, United States | USD 849.93 M | – | – | |
Electronic paper displays for eBooks and devices are manufactured. | 1997 | Boston, Massachusetts, United States | USD 52.8 M | – | 2,900 | |
Manufacturer of visual display products | 1987 | Los Angeles, California, United States | – | USD 1.59 M | 43 | |
Manufacturer of multiple types of displays | 1934 | Duluth, United States | – | USD 130.39 M | 548 | |
AI-based background noise cancellation is provided for communication apps. | 2018 | Berkeley, California, United States | USD 15.5 M | – | – | |
OLED panels are manufactured and supplied to luminaire makers. | 2010 | Rochester, United States | USD 30.64 M | – | – |
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Frequently Asked Questions about Solus BioTech
Solus BioTech was founded in 2019 and raised its 1st funding round 3 years after it was founded.
Solus BioTech is headquartered in Seoul, South Korea.
Solus BioTech was founded in 2019 in Seoul, South Korea, where copper foils are produced for use in electronic components. Standard, high-elongation, and high-strength battery foils are developed for electric vehicles, while foils for organic light-emitting diodes are supplied for display applications. Operations extend to consumer electronics, automotive, and commercial sectors, with designs tailored to specific industry needs.
Solus BioTech's top competitors include SmartKem, Alterix and ADWINDOWTOUCH.
Solus BioTech has 2 investors. Key investors include Croda, and LOTTE Fine Chemical.
Yes. Solus BioTech was acquired by Croda in February 2023.