What is BioStorage Technologies?
BioStorage Technologies specializes in comprehensive sample management solutions, encompassing consulting, supply chain logistics, preparation, and storage services. Serving a diverse clientele that includes pharmaceutical and biotech firms, donor organizations, and academic institutions, the company ensures the integrity and accessibility of vital biological samples. With a global footprint including facilities in Indiana, Germany, and Singapore, BioStorage Technologies, Inc. operates as a subsidiary of Brooks Automation, Inc., reinforcing its commitment to robust sample preservation and management infrastructure. The company's strategic partnerships with industry leaders further enhance its service capabilities.
How much funding has BioStorage Technologies raised?
BioStorage Technologies has raised a total of $8.3M across 1 funding round:
Series A
$8.3M
Series A (2007): $8.3M with participation from Twilight Venture Partners, Radius Ventures, and Village Ventures
Key Investors in BioStorage Technologies
Twilight Venture Partners
Twilight Venture Partners is a venture capital firm focused on investing in early-stage life science companies, particularly in the biotechnology and medical technology sectors within the Asian market. The firm provides not only capital but also strategic guidance and a global network to help entrepreneurs realize their innovative ideas.
Radius Ventures
Radius Ventures was a venture capital firm founded in 1997, focused on building innovative companies in the health and life sciences sectors. Over its 27 years of operation, the firm invested in more than 40 venture-stage businesses, many of which achieved successful exits through IPOs or acquisitions.
Village Ventures
Thrive Capital is an investment venture capital company that operates out of New York. Thrive Capital primarily deals in internet and software investments.
What's next for BioStorage Technologies?
The recent major strategic investment positions BioStorage Technologies for accelerated development and enhanced service offerings within the burgeoning bioscience sector. This capital infusion is expected to fuel advancements in their sample management consulting, logistics, and biorepository operations. As a key player supporting critical research and development, the company is poised to expand its market reach and technological capabilities, further solidifying its role as an indispensable partner for organizations reliant on secure and efficient sample management. The strategic backing will likely enable BioStorage Technologies to innovate and scale its operations to meet the increasing demands of global life science research.
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