Allcyte
Latest round
- Seed
Last raised
- Jul 2020
Total raised
- $6M
Investors
- 5
About Allcyte
Allcyte GmbH, founded in 2017 and headquartered in Vienna, Austria, develops software solutions aimed at various industries. The company was acquired in June 2021 by Exscientia Ltd. for EUR 50 million in cash and stock, marking a significant business transaction. The founder, Giulio Superti-Furga, has a background in biotechnology and has been involved in other ventures in this field.Allcyte GmbH specializes in advanced software platforms designed to streamline operational processes for businesses across healthcare, finance, and retail sectors. Its solutions enhance efficiency through features such as data analytics, automated reporting, and customer relationship management, serving a diverse client base that includes both SMEs and large corporations.Allcyte generates revenue primarily through a subscription-based model, providing clients access to its software on an ongoing basis. This model fosters long-term relationships with clients through annual or monthly subscriptions. The company also collaborates with industry-specific resellers and consultants to expand its market reach, utilizing a B2B approach. Specific new product launches are in the pipeline, although release dates are not disclosed. The company aims to target additional markets in Asia and North America by 2023, as it seeks to capitalize on its innovative solutions and increased investment support.
Who invested in Allcyte
5 investors across 1 round
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Funding rounds
Seed
Jul 1, 2020
Amount
$6M
Investors
Questions about Allcyte
Who invested in Allcyte?
Allcyte has 5 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Allcyte raised?
Allcyte has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Allcyte last raise money?
Allcyte's most recent round on record is a Seed, in Jul 2020.
What does Allcyte do?
Allcyte GmbH, founded in 2017 and headquartered in Vienna, Austria, develops software solutions aimed at various industries.
Where is Allcyte headquartered?
Allcyte is headquartered in Vienna, Austria.
Which VCs invest in companies like Allcyte?
Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Balderton Capital back biotechnology companies at Allcyte's stage. Their profiles are linked below.
VCs backing biotechnology startups at Seed
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