# BioFltye

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/biofltye

- Industry: Hardware
- Headquarters: Albuquerque, US
- Website: www.bioflyte.com
- Total disclosed funding: $1.3M
- Latest round: Seed (Jun 9, 2020)
- Investors on record: 1

## About

BioFlyte, Inc. specializes in advanced biothreat detection technology, developing innovative solutions for rapid identification of airborne biological and chemical threats to enhance safety and security in various environments.BioFlyte, Inc. is focused on biothreat detection through its advanced technology offerings. The company is headquartered in Albuquerque, US. The CEO, Todd Sickles, has a background in technology development and innovation. In June 2020, BioFlyte raised USD 1.25 mn in a Seed funding round led by Anzu Partners, marking their initial investment target with a total amount raised of USD 1.25 mn.BioFlyte specializes in advanced biothreat detection technology, primarily through its flagship product, the BioTOF™ z200 Bioaerosol Identifier. This state-of-the-art MALDI time-of-flight mass spectrometer enables rapid and accurate detection of airborne biological and chemical threats, including bacteria, viruses, bio-toxins, and pharmaceutical agents. The BioTOF system operates autonomously, completing tests in approximately five minutes, which is critical for continuous operation in essential infrastructure. Additionally, BioFlyte offers the MailScreen™ 200 Mailroom Workstation, integrating detection capabilities for hazardous biological agents in mail. Their clientele includes government agencies, transportation hubs, and commercial enterprises across North America and Europe, focusing on safety in public and operational spaces.BioFlyte's revenue model is based on direct sales and partnerships within the critical infrastructure and public safety sectors. The company engages in B2B transactions, providing products like the BioTOF z200 and MailScreen 200 directly to clients such as government agencies and airport authorities. Their transactions typically involve product sales and service agreements, ensuring ongoing technical support and software updates. The modular design of the BioTOF system allows for easy maintenance and upgrades, fostering long-term client relationships, with specific pricing available through direct engagement.BioFlyte plans to leverage its recent Seed funding of USD 1.25 mn raised in June 2020 to enhance product development and expand market reach. The company is actively designing new products to improve biothreat detection capabilities and aiming to enter new markets across Europe and Asia by 2022. Investments from the recent funding round will support these initiatives, focusing on innovative technologies and strategic partnerships to enhance safety and security in public spaces.

## Funding rounds

- Seed, Jun 9, 2020, $1.3M — Anzu Partners

## Investors

- Anzu Partners (https://capitalatlas.ai/funds/anzu-partners) — Seed