About String Bio
String Bio is a company based in Bengaluru (India) founded in 2013 by Ezhil Subbian and Vinod ML Kumar. It operates as a Product-as-a-Service. String Bio has raised $24.4 million across 4 funding rounds from investors including Ankur Capital, Woodside Energy and ONGC. The company has 76 employees as of March 27, 2024. String Bio offers products and services including Animal Nutrition Solutions, Human Nutrition Proteins, Agriculture Solutions, and Emerging Markets Ingredients. String Bio operates in a competitive market with competitors including Evonik, LanzaTech, Again, Calyxia and P2 Science, among others.
- Headquarter Bengaluru, India
- Employees 76 as on 27 Mar, 2024
- Founders Ezhil Subbian, Vinod ML Kumar
- Stage Minicorn
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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 String Bio
- Date of Incorporation 03 Jun, 2013
- Jurisdiction Yeshwanthpur Hobli Bangalore, Karnataka, India
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Annual Revenue
$1.7 M (USD)1861.78as on Mar 31, 2023
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Net Profit
-$135.69 K (USD)59.44as on Mar 31, 2023
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EBITDA
$43.39 K (USD)125.53as on Mar 31, 2023
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Total Equity Funding
$24.4 M (USD)
in 4 rounds
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Latest Funding Round
$20 M (USD), Series B
Jul 11, 2022
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Investors
Ankur Capital
& 14 more
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Employee Count
76
as on Mar 27, 2024
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Products & Services of String Bio
String Bio offers a comprehensive portfolio of products and services, including Animal Nutrition Solutions, Human Nutrition Proteins, Agriculture Solutions, and Emerging Markets Ingredients.
Solutions are provided for animal health and nutrition needs.
Proteins are developed for emerging human nutrition requirements.
Solutions are offered for food production under climatic changes.
Ingredients are created for sustainable diverse market demands.
People of String Bio
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Funding Insights of String Bio
String Bio has successfully raised a total of $24.4M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $20 million completed in July 2022. 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.
Investors in String Bio
String Bio has secured backing from 15 investors, including venture fund and institutional investors. Prominent investors backing the company include Ankur Capital, Woodside Energy and ONGC.
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Early-stage investments in digital, climate, and deep science technologies.
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Investment and venture building in high-growth areas, focusing on incubation and strategic partnerships.
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Backing startups in science and technology as a subsidiary of InfoEdge.
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Investor details for String Bio
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Investments & Acquisitions by String Bio
Investment portfolio details for String Bio
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Financial Statements - String Bio
Detailed financials for String Bio
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String Bio Comparisons
Peer comparison for String Bio
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Competitors of String Bio
String 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 Evonik, LanzaTech, Again, Calyxia and P2 Science, among others.
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Green specialty chemicals are developed and supplied for multiple industries.
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Waste carbon is treated via a bio-processing platform.
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Chemicals and fertilizers are produced from industrial CO2 waste.
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Green chemicals are developed using microcapsule technology for sustainability.
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Diversified green chemicals are manufactured from bio-renewable resources.
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Probiotic-based cleaning agents are manufactured for industrial use.
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Detailed competitors of String Bio
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Latest news on String Bio
Complete news archive for String Bio
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Frequently Asked Questions about String Bio
String Bio was founded in 2013 and raised its 1st funding round 4 years after it was founded.
String Bio is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Ezhil Subbian is the current CEO of String Bio. They have also founded this company.
String Bio is a funded company, having raised a total of $24.4M across 4 funding rounds to date.
As of Mar 27, 2024, the latest employee count at String Bio is 76.
Annual revenue of String Bio is $1.7M as on Mar 31, 2023.
String Bio is focused on creating sustainable solutions through biotechnology, leveraging synthetic biology, chemistry, and fermentation. The company operates in sectors like animal nutrition, human nutrition, agriculture, and emerging markets. Innovative products are developed to address climate change and market demands with a strong emphasis on scalability and cost-effectiveness. Technologies are scaled from lab to commercial production, ensuring performance differentiation across various industries including personal care.
String Bio's top competitors include LanzaTech, Calyxia and Proklean Technologies.
String Bio offers Animal Nutrition Solutions, Human Nutrition Proteins, Agriculture Solutions, and Emerging Markets Ingredients.
String Bio has 15 investors. Key investors include Ankur Capital, Woodside Energy, ONGC, Coromandel International, and RedStart Labs.
The valuation of String Bio is $228.85M as of Jul 2022.