# Vivacta

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

- Industry: Healthcare
- Headquarters: Sittingbourne, UK
- Website: www.vivacta.com
- Total disclosed funding: $24M
- Latest round: Series C (Jun 15, 2009)
- Investors on record: 6

## About

Vivacta is a UK-based medical technology company focused on developing innovative diagnostic solutions for chronic conditions, leveraging proprietary technologies to enhance patient care and elevate healthcare outcomes.Vivacta, founded in 2001 and headquartered in Sittingbourne, UK, specializes in diagnostic solutions. The company experienced a pivotal change when it was acquired by Novartis International AG in December 2012 for USD 90.00 mn. Tim Carter serves as the CEO and has a history of leadership within the medical technology sector.Vivacta develops advanced diagnostic devices aimed at enhancing patient management in various medical fields. Their offerings include innovative solutions for chronic condition monitoring, emphasizing accuracy, ease of use, and integration with healthcare systems, thereby improving patient outcomes and facilitating better healthcare management.In the most recent year of 2013, Vivacta reported zero revenue. However, the company recorded an EBITDA of USD 4,369,918.30 for the year 2018, reflecting its operational performance during that time.Following the acquisition in December 2012, Vivacta aims to leverage Novartis's resources to enhance product development and expand its market presence. The company is focused on launching new diagnostic innovations and plans to penetrate additional markets with a specific emphasis on Europe and North America by 2025. The funding from the acquisition will be utilized to bolster research and development efforts to expedite these upcoming product launches.

## Funding rounds

- Series C, Jun 15, 2009, $4.5M — Idinvest Partners, HBM Partners, Viking Growth, SPARK Ventures
- Series B, Nov 27, 2007, $12M — Idinvest Partners, HBM Partners, SPARK Ventures, Viking Technologies
- Series A, Feb 16, 2006, $7.2M — Quester Capital Management

## Investors

- Quester Capital Management (https://capitalatlas.ai/funds/quester-capital-management) — Series A
- Idinvest Partners (https://capitalatlas.ai/funds/idinvest-partners) — Series B, Series C
- HBM Partners (https://capitalatlas.ai/funds/hbm-partners) — Series B, Series C
- SPARK Ventures — Series B, Series C
- Viking Technologies — Series B
- Viking Growth (https://capitalatlas.ai/funds/viking-growth) — Series C