Source BioScience

Nottingham, United Kingdom Founded: 1903 • Age: 123 yrs Acquired By Qualitas Funds
Multiple genomic services are provided for analysis and diagnostics.
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About Source BioScience

Source BioScience is a company based in Nottingham (United Kingdom) founded in 1903 was acquired by Qualitas Funds in December 2023.. Source BioScience has completed 3 acquisitions, including Camclinlabs, ImaGenes and Vindon. Source BioScience offers products and services including Whole Genome Sequencing, Molecular Diagnostics, Histopathology Services, Nanopore Sequencing, and Sanger Sequencing. Source BioScience operates in a competitive market with competitors including Horizon Discovery, Quanterix, Arrakis Therapeutics, NanoString and Rejuvenate Bio, among others.

  • Headquarter Nottingham, United Kingdom
  • Stage Public
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Source Bioscience Limited
  • Date of Incorporation 14 Nov, 1903
  • Jurisdiction NOTTINGHAM, NOTTINGHAMSHIRE
Operational Areas
Healthcare → Biotechnology, Genomics & Life Sciences Research
Healthcare → Biotechnology, Genomics & Life Sciences Research
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $41.38 M (USD), Post-IPO

    Oct 27, 2020

  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
    Camclinlabs

    & 2 more

  • Acquired by
    Qualitas Funds

    (Dec 09, 2023)

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Products & Services of Source BioScience

Source BioScience offers a comprehensive portfolio of products and services, including Whole Genome Sequencing, Molecular Diagnostics, Histopathology Services, Nanopore Sequencing, and Sanger Sequencing. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Service for sequencing entire genomes in research and clinical trials.

Tests for identifying genetic indications in healthcare settings.

Laboratory analysis for tissue samples in medical diagnostics.

Rapid sequencing method for DNA and RNA applications.

Traditional method for accurate DNA sequencing tasks.

People of Source BioScience
Headcount 200-500
Employee Profiles 13
Employee Profiles
People
Lucy Astill
Market Development Manager
People
Jay Lecoque
CEO
People
Richard Chaplin
IT Director
People
Samantha Dewey Business Development Manager
Passionate Business Development Manager

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Funding Insights of Source BioScience

  • Total Funding
  • Total Rounds 2
  • Last Round Post-IPO — $41.4M
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2020 Amount Post-IPO - Source BioScience Valuation

investors

Sep, 2016 Amount Post-IPO - Source BioScience Valuation

investors

HPE
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Source BioScience

Source BioScience has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Qualitas Funds and Harwood Private Equity. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
Harwood Private Equity is focused on UK mid-market investments.
Founded Year Domain Location
Fund of funds focused on lower mid-market investments
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Source BioScience

Source BioScience has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Camclinlabs, ImaGenes and Vindon. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Genome research services, including gene cloning and profiling, are provided.
2007
Personalized healthcare testing services in oncology and virology are provided.
0
-
0
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Source BioScience

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Source Bioscience Comparisons

Employees
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Competitors of Source BioScience

Source BioScience 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 Horizon Discovery, Quanterix, Arrakis Therapeutics, NanoString and Rejuvenate Bio, 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
Genetically modified cell lines are developed using AAV gene-editing platform.
domain founded_year HQ Location
Assay kits for ultra-sensitive biomarker detection are developed.
domain founded_year HQ Location
Provider of tools for the analysis of RNA structures
domain founded_year HQ Location
Tools for translational research and molecular diagnosis are developed.
domain founded_year HQ Location
Gene-editing platform and anti-aging therapy for dogs are developed.
domain founded_year HQ Location
Genomic services and solutions with NGS expertise are provided.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Source Bioscience

Frequently Asked Questions about Source BioScience

When was Source BioScience founded?

Source BioScience was founded in 1903 and raised its 1st funding round 113 years after it was founded.

Where is Source BioScience located?

Source BioScience is headquartered in Nottingham, United Kingdom.

Who is the current CEO of Source BioScience?

Jay LeCoque is the current CEO of Source BioScience.

What does Source BioScience do?

Source BioScience was founded in 1903 in Nottingham, United Kingdom. Operations focus on the genomics sector, where genetic analysis and clinical diagnostics for research are conducted. Genome analysis, controlled environment storage, proteomics, drug discovery, and analytical testing are included in the services. Antibodies, assays, kits, and reagents are supplied, alongside reference laboratory testing for cancer and other diseases.

Who are the top competitors of Source BioScience?

Source BioScience's top competitors include Horizon Discovery, Novogene Corporation and NanoString.

What products or services does Source BioScience offer?

Source BioScience offers Whole Genome Sequencing, Molecular Diagnostics, Histopathology Services, Nanopore Sequencing, and Sanger Sequencing.

How many acquisitions has Source BioScience made?

Source BioScience has made 3 acquisitions, including Camclinlabs, ImaGenes, and Vindon.

Who are Source BioScience's investors?

Source BioScience has 2 investors. Key investors include Qualitas Funds, and Harwood Private Equity.

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