Synpromics

Edinburgh, United Kingdom Founded: 2010 • Age: 16 yrs Acquired By AskBio
Synthetic promoters are designed for specific gene regulation.
Annual revenue $125,766 Latest available
Total funding $9.9M 3 rounds
Employees 46 Tracked headcount
Investors 3 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About Synpromics

Synpromics is a company based in Edinburgh (United Kingdom) founded in 2010 was acquired by AskBio in August 2019. Synpromics has raised $9.86 million across 3 funding rounds from investors including AskBio, Scottish Enterprise and Calculus Capital. The company has 46 employees as of December 31, 2021. Synpromics operates in a competitive market with competitors including Amyris, Syngenta, Avidity Biosciences, AskBio and Univercells, among others.

  • Headquarter Edinburgh, United Kingdom
  • Employees 46 as on 31 Dec, 2021
  • Sectors
    Healthcare
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Synpromics Ltd
  • Date of Incorporation 27 Aug, 2010
  • Jurisdiction MIDLOTHIAN, SCOTLAND
Operational Areas
Healthcare → Biotechnology, Genomics & Life Sciences Research Unlock Sub-Sector Unlock Segment
Healthcare → Biotechnology, Genomics & Life Sciences Research Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $125.77 K (USD)
    -94
    as on Dec 31, 2020
  • Net Profit
    -$4.83 M (USD)
    -119
    as on Dec 31, 2020
  • EBITDA
    Not available
  • Total Equity Funding
    $9.86 M (USD)

    in 3 rounds

  • Latest Funding Round
    $2.43 M (USD), Grant

    Jun 01, 2018

  • Investors
    AskBio

    & 2 more

  • Employee Count
    46

    as on Dec 31, 2021

  • Acquired by
    AskBio

    (Aug 13, 2019)

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Funding Insights of Synpromics

Synpromics has successfully raised a total of $9.86M across 3 strategic funding rounds. The most recent funding activity was a Grant round of $2.43 million completed in June 2018. 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 Synpromics

Synpromics has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include AskBio, Scottish Enterprise and Calculus Capital.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
UK venture capital investments are managed by Calculus Capital.
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Business development and leadership training programs are offered to companies.
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Gene and protein therapies are developed for treating various diseases.
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Investments & Acquisitions by Synpromics

Investments
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Financial Statements - Synpromics

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Synpromics Comparisons

Synpromics Primary company
Description
Synthetic promoters are designed for specific gene regulatio...
Location
Edinburgh, United Kingdom
Founded Year
2010
Annual Revenue
$125.77 K (USD)
Net Profit
-$4.83 M (USD)
EBITDA
Not available
Employees
46
As of 2021
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Peer comparison for Synpromics

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Competitors of Synpromics

Synpromics 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 Amyris, Syngenta, Avidity Biosciences, AskBio and Univercells, among others.

Company Name Domain Founded year HQ Location Description
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Developer of renewable products for industrial solutions
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Crop protection solutions and hybrid seeds are provided for farming.
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Antibody-siRNA complexes are developed for cancer treatment.
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Gene and protein therapies are developed for treating various diseases.
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Biomanufacturing technologies are supplied for biopharma antibody and vaccine production.
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Antibody-based therapeutics for cancer therapy are developed via cell-free synthesis.
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Detailed competitors of Synpromics

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Latest news on Synpromics

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Frequently Asked Questions about Synpromics

Synpromics was founded in 2010 and raised its 1st funding round 5 years after it was founded.

Synpromics is headquartered in Edinburgh, United Kingdom. It is registered at Edinburgh, Scotland, United Kingdom.

Synpromics is a funded company, having raised a total of $9.86M across 3 funding rounds to date.

As of Dec 31, 2021, the latest employee count at Synpromics is 46.

Annual revenue of Synpromics is $125.77K as on Dec 31, 2020.

Synpromics was founded in 2010 in Edinburgh, United Kingdom, within the biotechnology sector. Synthetic promoters are developed to enable precise gene expression control. These are screened through a platform to build a library optimized for the CHO system. Applications include cell and gene therapy, biologics bioprocessing, industrial biotechnology, agricultural biotechnology, and cell-based assays. Operations focus on patentable designs for targeted regulatory solutions.

Synpromics's top competitors include Syngenta, Sutro Biopharma and Avidity Biosciences.

Synpromics has 3 investors. Key investors include AskBio, Scottish Enterprise, and Calculus Capital.

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