# HexagonFab

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

- Industry: Biotechnology
- Headquarters: Cambridge, UK
- Website: www.hexagonfab.com
- Total disclosed funding: $2.6M
- Latest round: Seed (Mar 31, 2021)
- Investors on record: 5

## About

Based in Cambridge, UK, HexagonFab Limited is a technology firm focused on providing advanced solutions for molecular binding analytics, enhancing efficiency across various sectors including healthcare and finance.HexagonFab Limited, founded in 2017 in Cambridge, UK, specializes in developing innovative technology for molecular binding analytics. The company, led by CEO Ruizhi Wang, has secured GBP 1.9 million in Seed funding, primarily led by Cambridge Enterprise, with participation from other investors including New Ground Ventures and Parkwalk Advisors. The firm’s only deal was concluded on March 31, 2021, bringing its total funds raised to GBP 1.9 million and a current valuation of GBP 5.17 million.HexagonFab Limited offers a diverse range of products and services aimed at addressing specific challenges in various industries. Its primary offering, the Bolt, is a handheld device that provides access to molecular binding analytics. The company's technology enhances operational efficiencies, facilitating real-time data analysis and resource optimization for clients in healthcare, finance, and logistics sectors. Its customer base includes enterprises, small to medium-sized businesses, and government agencies across North America, Europe, and Asia-Pacific.The company's revenue model is based on a subscription service, allowing clients to access its technology solutions through tiered pricing plans. Clients can choose between monthly or annual subscriptions for various access levels to the company's offerings. Revenue is bolstered by long-term partnerships with distributors, providing a mix of B2B and direct-to-consumer channels. Collaborations with key industry players further expand market presence and support sustainable growth.In March 2021, HexagonFab Limited raised GBP 1.9 million in Seed funding to further its growth initiatives. The company plans to utilize this funding to expand its team and finalize the development of its first product, the Bolt, aimed at enhancing molecular binding analytics. Additionally, HexagonFab Limited aims to explore market expansion strategies targeting new regions and sectors. These plans are part of a broader strategy to enhance its operational capabilities and market reach.

## Funding rounds

- Seed, Mar 31, 2021, $2.6M — Cambridge Enterprise, Parkwalk Advisors, New Ground Ventures, R42, Swiss Health Angels

## Investors

- Cambridge Enterprise — Seed
- Parkwalk Advisors (https://capitalatlas.ai/funds/parkwalk-advisors) — Seed
- New Ground Ventures (https://capitalatlas.ai/funds/new-ground-ventures) — Seed
- R42 (https://capitalatlas.ai/funds/r42) — Seed
- Swiss Health Angels (https://capitalatlas.ai/funds/swiss-health-angels) — Seed