SpheroTec
Latest round
- Seed
Last raised
- Apr 2007
Total raised
- $0.9M
Investors
- 2
About SpheroTec
Founded in 2006 in Germany, SpheroTec specializes in magnetic beads and calibration solutions.SpheroTec specializes in the development and production of innovative magnetic beads and calibration solutions, primarily known for their core product offerings: SpheroTec Magnetic Beads and Rainbow Calibration products. These magnetic beads are designed to facilitate various applications in molecular biology and biochemistry, particularly in the fields of diagnostics and research. Their functionality is centered around enhancing the efficiency of separation processes and improving assay performance, serving a critical role in laboratory settings where precision is paramount. The primary end users include research institutions, diagnostic laboratories, and biotechnology companies that require reliable and high-quality tools for their analyses.SpheroTec generates revenue through a direct sales model, focusing on B2B transactions with research institutions and commercial laboratories. The company's sales framework is structured around providing customized solutions to clients, which includes offering bulk orders of their flagship Sphero Magnetic Beads and calibration tools. Pricing structures for these products are determined based on the volume of purchase and specific client needs, ensuring tailored solutions that meet varying laboratory requirements. Partnerships with distributors and collaborations with research entities further enhance their market reach, creating a robust channel for revenue generation. The company is focused on developing new magnetic bead products and calibration solutions, targeting their launch within the next 12 to 18 months.
Who invested in SpheroTec
2 investors across 1 round
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Funding rounds
Seed
Apr 10, 2007
Amount
$0.9M
Investors
Questions about SpheroTec
Who invested in SpheroTec?
SpheroTec has 2 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 SpheroTec raised?
SpheroTec has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did SpheroTec last raise money?
SpheroTec's most recent round on record is a Seed, in Apr 2007.
What does SpheroTec do?
Founded in 2006 in Germany, SpheroTec specializes in magnetic beads and calibration solutions.
Where is SpheroTec headquartered?
SpheroTec is headquartered in Germany.
Which VCs invest in companies like SpheroTec?
Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Balderton Capital back healthcare specialists companies at SpheroTec's stage. Their profiles are linked below.
VCs backing healthcare specialists startups at Seed
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