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Bit.bio - About the company

Bit.bio is a series C company based in Cambridge (United Kingdom), founded in 2016 by Mark Kotter. It operates as a Manufacturer of programmed human cells for research and drug discovery. Bit.bio has raised $266M in funding from investors like M&G, Arch Venture Partners and Tencent, with a current valuation of $*****. The company has 114 active competitors, including 30 funded and 15 that have exited. Its top competitors include companies like Cellply, Kiyatec and CytoTronics.

Company Details

Manufacturer of programmed human cells for research and drug discovery. This entity utilizes gene-targeting technology to express transcription factors that reprogram induced pluripotent stem cells into defined human cell types. These products include various nerve, immune, and muscle cell lines designed for use in laboratory assays, disease modeling, and therapeutic development. The technology enables the production of consistent cell models for applications such as CRISPR screening, electrophysiology, and immunocytochemistry.
Social
X
Email ID
*****@bit.bio
Phone Number
+44 **********
Registered Address
Pioneer House Vision Park, Histon, Cambridge, Cambridgeshire, United Kingdom, CB24 9NL
Key Metrics
Founded Year
2016
Location
Cambridge, United Kingdom
Stage
Series C
Total Funding
$266M in 7 rounds
Latest Funding Round
Post Money Valuation
$***** as on Dec 31, 2021
Investors
Ranked
Annual Revenue
£1M - £10M as on Dec 31, 2024
Employee Count
132 as on Aug 31, 2026
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Bit.bio's funding and investors

Bit.bio has raised a total funding of $266M over 7 rounds. Its first funding round was on Sep 15, 2017. Its latest funding round was a Series C round on Jan 09, 2026 for $*****. 1 investor participated in its latest round. Bit.bio has 36 institutional investors and 19 angel investors.

Here is the list of recent funding rounds of Bit.bio:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jan 09, 2026
7274596
Series C
9650751
1338651
6423827
1928148
Dec 16, 2024
3460568
Series B
1383140
1575520
9657799
Dec 31, 2021
6848095
Series B
6186099
2112182
6096828
5070365
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Bit.bio's founders and board of directors

Founder? Claim Profile
The founders of Bit.bio is Mark Kotter.
Here are the details of Bit.bio's key team members:

Bit.bio's Board of Directors

Bit.bio's board has 6 active members. Mark Kotter and Przemek Obloj are part of team and David Prior, Corneliu Chiriac, Keying Xi and Klevin Lo are independent board members.
Here is the list of Bit.bio's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
9y 10m
Team
-
Current
1y 7m
Independent board member
-
Current
0y 8m
sqnycix
Independent board member
-
Current
4y 6m
jtmldxo
Independent board member
-
Current
7y 9m
z{hnpfe
Independent board member
-
Current
4y 6m

Bit.bio's employee count trend

Bit.bio has 132 employees as of Aug 26. Here is Bit.bio's employee count trend over the years:
Employee count trend for Bit.bio
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Bit.bio's Competitors and alternates

Top competitors of Bit.bio include Cellply, Kiyatec and CytoTronics. Here is the list of Top 10 competitors of Bit.bio, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Bit.bio
Bit.bio
2016, Cambridge (United Kingdom), Series C
Manufacturer of programmed human cells for research and drug discovery
$266M
67/100
2nd
Logo for Cellply
Cellply
2013, Bologna (Italy), Series B
Developer of in-vitro diagnostic products for the detection of cancer
$16.4M
60/100
3rd
Logo for Kiyatec
Kiyatec
2005, Pendleton (United States), Series C
Develops 3D phenotypic cell-based assays and diagnostic solutions for prediction of patients’ response to cancer drug treatment
$29.5M
55/100
4th
Logo for CytoTronics
CytoTronics
2015, Boston (United States), Series A
Developer of cell-based assays for drug discovery
$22.8M
55/100
5th
Logo for Saguaro
Saguaro
2020, Quebec City (Canada), Seed
Developer of 3D cell culture products for drug discovery
$4.1M
50/100
6th
Logo for Pelago Bioscience
Pelago Bioscience
2013, Solna (Sweden), Seed
Assay services for use in the determination and quantification of drug-target interactions
-
48/100
7th
Logo for Cytotheryx
Cytotheryx
2018, Rochester (United States), Series A
Developer of human hepatocytes for research and clinical applications
$60M
47/100
8th
Logo for StemBioSys
StemBioSys
2010, San Antonio (United States), Series A
Cell culture technology company advancing regenerative medicine and drug discovery
$14.5M
45/100
9th
Logo for SK Plasma
SK Plasma
1970, Seongnam-si (South Korea), Funding Raised
Manufactures plasma derivatives
-
45/100
10th
Logo for Nanocrine
Nanocrine
2018, Frederick (United States), Seed
Provider of a cell analysis and drug design tool for researchers
$300K
43/100
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Bit.bio's Investments and acquisitions

Bit.bio has made no investments or acquisitions yet.

Reports related to Bit.bio

Here is the latest report on Bit.bio's sector:

News related to Bit.bio

lockFilter this list
Media has covered Bit.bio for a total of 3 events in the last 1 year, 1 of them has been about company updates and 1 about partnerships.
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