Magnitude Biosciences - About the company
Magnitude Biosciences is a seed company based in Durham (United Kingdom), founded in 2018 by Craig Manning, Boo Virk, Chris Saunter and David Weinkove. It operates as a Provider of early in vivo whole-organism high-throughput phenotypic screening and follow-up assays for drug discovery. Magnitude Biosciences has raised $2.6M in funding from investors like Northstar Ventures, Saker Capital and Europa, with a current valuation of £*****. The company has 116 active competitors, including 11 funded and 21 that have exited. Its top competitors include companies like TransCure bioServices, GenOway and Vivo Bio Tech.
Company Details
Provider of early in vivo whole-organism high-throughput phenotypic screening and follow-up assays for drug discovery. Services include whole organism phenotypic screening of compounds, patient-specific and disease model mutant strains, and small-molecule compound libraries. The company provides quantitative non-invasive assays for health, longevity and mobility outcomes for early drug discovery, as well as tissue-specific assays and mechanism of action elucidation by whole-organism RNA sequencing. Services focus on areas such as aging, neurodegeneration, microbiome, muscle health, reproductive health, gut health and genetic disease modeling, using proprietary automation and imaging technology.
- Website
- magnitudebiosciences.com
- Email ID
- *****@magnitudebiosciences.com
Key Metrics
Founded Year
2018
Location
Durham, United Kingdom
Stage
Seed
Total Funding
$2.6M in 6 rounds
Latest Funding Round
Post Money Valuation
£***** as on Mar 31, 2025
Investors
Ranked
5th among 116 active competitors
Employee Count
21 as on Feb 28, 2025
Similar Companies
Legal entities associated with Magnitude Biosciences
Magnitude Biosciences is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
MAGNITUDE BIOSCIENCES LIMITED CIN: 11579884 , United Kingdom, Active | Sep 19, 2018 | - | 21 (As on Feb 28, 2025) |
Sign up to download Magnitude Biosciences' company profile
Magnitude Biosciences's funding and investors
Magnitude Biosciences has raised a total funding of $2.6M over 6 rounds. Its first funding round was on Nov 29, 2018. Its latest funding round was a Grant (prize money) round on May 27, 2025 for $*****. 1 investor participated in its latest round. Magnitude Biosciences has 9 institutional investors and 3 angel investors.
Here is the list of recent funding rounds of Magnitude Biosciences:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 27, 2025 | 7872083 | Grant (prize money) | 1960653 | 2734957 | 8196547 | 4801394 |
Mar 31, 2025 | 3282428 | Seed | 7709609 | 5143799 | 7676722 | |
Oct 27, 2022 | 7177350 | Seed | 8194436 | 4813527 | 9962072 |
View details of Magnitude Biosciences's funding rounds and investors
Magnitude Biosciences' founders and board of directors
Founder? Claim ProfileThe founders of Magnitude Biosciences are Craig Manning, Boo Virk, Chris Saunter and David Weinkove.
Here are the details of Magnitude Biosciences' key team members:
- Craig Manning: Former Co-Founder & Director of Magnitude Biosciences. Contact Info: 1 email address
- Boo Virk: Former Co-Founder of Magnitude Biosciences. Contact Info: 1 email address
- Chris Saunter: Co-Founder & Director of Magnitude Biosciences. They serve on the board of 1 company.Contact Info: 1 email address
- David Weinkove: Co-Founder & Chief Scientific Officer of Magnitude Biosciences. They are also an angel investor in 1 startup.
Magnitude Biosciences' Board of Directors
Magnitude Biosciences's board has 4 active members. Sally Christina Waterman, Fozia Saleem and Chris Saunter are part of team and Derek Wilson Mcferran is independent board member.Here is the list of Magnitude Biosciences' board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
kruoesq | Team | - | Past | 5y 7m |
tvtgmpp | Team | - | Past | 2y 7m |
yszmrgw | Team | - | Current | 5y 2m |
nrzpxfw | Team | - | Current | 8y 3m |
Investor | - | Current | 7y 9m | |
oowfrpq | Investor | - | Past | 8y 6m |
Independent board member | - | Current | 0y 11m | |
wtfdrin | Independent board member | - | Past | 1y 6m |
View details of Magnitude Biosciences's Founder profiles and Board Members
Magnitude Biosciences' employee count trend
Magnitude Biosciences has 21 employees as of Feb 25. Here is Magnitude Biosciences's employee count trend over the years:
Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
Magnitude Biosciences's Competitors and alternates
Top competitors of Magnitude Biosciences include TransCure bioServices, GenOway and Vivo Bio Tech. Here is the list of Top 10 competitors of Magnitude Biosciences, ranked by Tracxn score:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | TransCure bioServices 2012, Archamps (France), Series B | Developer of humanized animal models for preclinical studies | $3.58M | 59/100 | |
2nd | Provider of transgenic rodent models and customized cell lines for preclinical development | $11.6M | 58/100 | ||
3rd | Vivo Bio Tech 2004, Hyderabad (India), Public | CRO providing drug development, discovery and biologic research services | - | 52/100 | |
4th | InVivo Biosystems 2019, Eugene (United States), Series A | Provider of animal models for in-vivo analytical services | $8.16M | 46/100 | |
5th | Magnitude Biosciences 2018, Durham (United Kingdom), Seed | Provider of early in vivo whole-organism high-throughput phenotypic screening and follow-up assays for drug discovery | $2.6M | 46/100 | |
6th | Alpha Genesis 2003, Yemassee (United States), Series B | Preclinical research services specializing in nonhuman primate models for therapy development | $12.5M | - | 45/100 |
7th | Explora BioLabs 2004, San Diego (United States), Acquired | Provider of discovery pharmacology and vivarium services for biotechnology and pharmaceutical clients | - | 42/100 | |
8th | Animal models of neurological and psychiatric disorders for drug discovery | - | - | 39/100 | |
9th | Fibrofind United Kingdom, Acquired | Provider of preclinical drug development research solutions for fibrotic diseases | - | - | 39/100 |
10th | Noble Life Sciences 2010, Woodbine (United States), Seed | Preclinical contract research organization offering standard GLP and non-GLP services | $335K | 37/100 |
Looking for more details on Magnitude Biosciences's competitors? Click here to see the top ones
Magnitude Biosciences's Investments and acquisitions
Magnitude Biosciences has made no investments or acquisitions yet.
Reports related to Magnitude Biosciences
Here is the latest report on Magnitude Biosciences's geography:
News related to Magnitude Biosciences
•
UK Life Sciences Firm Secures £700k to Revolutionize Drug DiscoveryInsider Media•May 27, 2025•Magnitude Biosciences, Maven Capital Partners, Durham
•
•
•
•
Biosciences spinout secures six-figure funding to create new North East jobsBdaily•Dec 02, 2019•Magnitude Biosciences, North East Fund, Europa, Northstar Ventures and 2 others
•
Are you a Founder ?
FAQs about Magnitude Biosciences
Explore our recently published companies
- Indiabulls Pharmaceuticals - Mumbai based, 2016 founded, Series A company
- IOCI - Noida based, 2005 founded, Series A company
- Vedak - Bengaluru based, 2016 founded, Unfunded company
- Parvata Foods - Howrah based, 2014 founded, Series A company
- Cancertherapycentres - Noida based, 2005 founded, Series A company
- Blockwalls - Birkenhead based, 2011 founded, Seed company
