What is BioStorage Technologies?
BioStorage Technologies, Inc., founded in 2002 and based in Indianapolis, Indiana, offers comprehensive sample management solutions for the bioscience sector. Their services encompass consulting, supply chain logistics, preparation, and storage, catering to pharmaceutical and biotech firms, donor organizations, and research institutions. The company operates biorepository facilities in Indianapolis and Griesheim, Germany, and has established strategic partnerships with industry leaders such as ELPRO, Praxair, and FedEx. As a subsidiary of Brooks Automation, Inc. since November 30, 2015, BioStorage Technologies plays a critical role in ensuring the integrity and accessibility of vital biological samples.
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 Village Ventures, Radius Ventures, and Twilight Venture Partners
Key Investors in BioStorage Technologies
Village Ventures
Village Ventures is an investment firm that likely focuses on early-stage companies, potentially within the technology or venture capital landscape, providing foundational capital for growth.
Radius Ventures
Radius Ventures was a venture capital firm with a historical focus on innovative companies in the health and life sciences sectors, aiming to advance medical innovation and reshape patient care.
Twilight Venture Partners
Twilight Venture Partners is a venture capital firm specializing in early-stage life science companies, particularly in biotechnology and medical technology within the Asian market, offering capital and strategic guidance.
What's next for BioStorage Technologies?
The recent major strategic investment in BioStorage Technologies signals a phase of accelerated growth and potential expansion of its service offerings. This capital infusion is likely to enhance its capabilities in outsourced and onsite sample management, further solidifying its position as a key partner for bioscience organizations worldwide. The company's focus on critical infrastructure for research and development suggests a trajectory aimed at supporting advancements in pharmaceuticals, biotechnology, and academic research through robust and reliable sample preservation.
See full BioStorage Technologies company page
