Multus Biotechnology

BiotechnologySeries ALondon, UKmultus.bio

Latest round

Series A

Last raised

Nov 2022

Total raised

$11M

Investors

9

About Multus Biotechnology

Multus Biotechnology Limited, founded in 2019 in London, UK, specializes in creating animal-free growth media to replace traditional fetal bovine serum in bioprocessing.5 mn, was secured on January 16, 2023, from Innovate UK.Multus Biotechnology specializes in developing and supplying animal-free media formulations designed to replace traditional fetal bovine serum (FBS) in bioprocesses, particularly for the cultivated meat and advanced therapeutics sectors. Their core product offerings include optimized media solutions that support cell growth and proliferation, thereby facilitating the scale-up of biomanufacturing processes. These media formulations are tailored for specific cell types, focusing on adherent cells, enhancing the efficiency and cost-effectiveness of bioprocessing.Multus Biotechnology generates revenue through B2B partnerships and customized media supply agreements with various companies in the cultivated meat and cell therapy sectors. Their business model involves direct sales transactions, with clients entering agreements for tailored media formulations to meet specific research and development needs. The pricing structure accommodates the unique requirements of clients, ensuring that media formulations are accessible and affordable. Expansion into new markets within Europe is also targeted, with specific regions and timelines yet to be announced.

Who invested in Multus Biotechnology

9 investors across 3 rounds

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Funding rounds

  1. Series A

    Nov 16, 2022

    Amount

    $8.5M

    Investors

    Locked

  2. Seed

    Jul 19, 2021

    Amount

    $2.2M

    Investors

    Locked

  3. Seed

    May 5, 2020

    Amount

    Undisclosed

    Investors

    Locked

Questions about Multus Biotechnology

Who invested in Multus Biotechnology?

Multus Biotechnology has 9 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Multus Biotechnology raised?

Multus Biotechnology has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did Multus Biotechnology last raise money?

Multus Biotechnology's most recent round on record is a Series A, in Nov 2022.

What does Multus Biotechnology do?

Multus Biotechnology Limited, founded in 2019 in London, UK, specializes in creating animal-free growth media to replace traditional fetal bovine serum in bioprocessing.

Where is Multus Biotechnology headquartered?

Multus Biotechnology is headquartered in London, UK.

Which VCs invest in companies like Multus Biotechnology?

Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Highland Europe back biotechnology companies at Multus Biotechnology's stage. Their profiles are linked below.

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