# Andes Biotechnologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/andes-biotechnologies

- Industry: Biotechnology
- Headquarters: Santiago, Chile
- Website: www.andesbio.com
- Total disclosed funding: $4M
- Latest round: Series A (Mar 15, 2010)
- Investors on record: 2

## About

Andes Biotechnologies is a biotechnology firm focused on developing innovative solutions in the health sector, particularly in biotechnology research and product development.Founded in 2008 in Santiago, Chile, Andes Biotechnologies specializes in biotechnology solutions. The company has not undergone any significant pivots or changes in operations. In March 2010, it successfully completed a Series A funding round, raising USD 4.00 mn from investors Aurus and Austral Capital.Andes Biotechnologies offers a comprehensive suite of digital services to enhance online presence and business operations. Their core products include website hosting, domain registration, and website building tools, designed for a wide range of businesses from small entrepreneurs to large enterprises. The company operates in several markets including North America, Europe, and Asia, providing tailored solutions to meet diverse customer needs.The revenue of Andes Biotechnologies is generated primarily through subscription models and direct consumer transactions. Clients engage by purchasing hosting plans and domain registrations, which are billed on a monthly or annual basis. Additionally, tiered pricing plans provide varying levels of service, including premium hosting packages and specialized e-commerce tools, catering to both individual entrepreneurs and established brands.Andes Biotechnologies plans to utilize the capital raised in its Series A funding to support the development of new products and expansion into new geographical markets. The company aims to launch innovative biotechnology solutions by the end of 2010 and is targeting expanded reach in both North American and European markets. The latest funding will assist in scaling operations and enhancing product offerings to align with market demands.

## Funding rounds

- Series A, Mar 15, 2010, $4M — Austral Capital, Aurus

## Investors

- Austral Capital (https://capitalatlas.ai/funds/austral-capital) — Series A
- Aurus (https://capitalatlas.ai/funds/aurus) — Series A