Swift Biosciences - About the company
Swift Biosciences is an acqui-hired company based in Ann Arbor (United States), founded in 2010. It operates as a Develops and sells reagents for genetic testing and Next Generation Sequencing (NGS).. Swift Biosciences has raised $35.2M in funding from investors like Arboretum Ventures, Fletcher Spaght and Charter Capital Partners. The company has 1099 active competitors, including 84 funded and 145 that have exited. Its top competitors include companies like Abcam, Meridian Bioscience and LGC.
Company Details
Swift Biosciences is developing new methods and technologies for sample and library prep for next generation sequencing. It offers Accel-NGS DNA library kits ( Illumina NGS & Ion-Torrent platforms) which are designed to accelerate sample preparation for DNA sequencing and deliver more usable data from NGS instruments; Accel-Amplicon Panels for detecting and screening clinically relevant mutations. It also offers myT Primers used in quantitative polymerase chain reaction (qPCR) detection of key cancer mutations.
- Website
- swiftbiosci.com
- Registered Address
- Ann Arbor, Michigan
Key Metrics
Founded Year
2010
Location
Ann Arbor, United States
Stage
Acqui-Hired
Total Funding
$35.2M in 10 rounds
Latest Funding Round
Investors
Ranked
122nd among 1099 active competitors
Employee Count
41 as on Dec 31, 2022
Legal entities associated with Swift Biosciences
Swift Biosciences is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Swift Biosciences, Inc. CIN: 270670569 , United States, Active | Dec 26, 999 | - | 41 (As on Dec 31, 2020) | - |
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Swift Biosciences's funding and investors
Swift Biosciences has raised a total funding of $35.2M over 10 rounds. Its first funding round was on Jan 2010. Swift Biosciences has 5 institutional investors.
Here is the list of recent funding rounds of Swift Biosciences:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Nov 01, 2018 | 9692614 | Series D | 8751583 | 9532652 | 3729328 | 5609071 |
Jun 12, 2017 | 8606497 | Series D | 3828412 | 5822716 | 1021218 | 9209364 |
Jan 27, 2017 | 6233691 | Series C | 3121873 | 6147355 | 4072665 | 6844601 |
View details of Swift Biosciences's funding rounds and investors
Swift Biosciences' founders and board of directors
Founder? Claim ProfileSwift Biosciences' employee count trend
Swift Biosciences has 41 employees as of Dec 22. The total employee count is 2.0% lower than what it was in Dec 21. Here is Swift Biosciences's employee count trend over the years:
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Swift Biosciences's Competitors and alternates
Top competitors of Swift Biosciences include Abcam, Meridian Bioscience and LGC. Here is the list of Top 10 competitors of Swift Biosciences, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Abcam 1998, Cambridge (United Kingdom), Acquired | Developer of biological reagents for life science research | $78.8M | 76/100 | |
2nd | Meridian Bioscience 1976, Ohio (United States), Acquired | Molecular diagnostic device and kits | - | 65/100 | |
3rd | LGC 1842, Teddington (United Kingdom), Acquired | Provider of analytical testing, reference materials, and diagnostic and therapeutic products | - | 65/100 | |
4th | Enzo 1976, Farmingdale (United States), Acquired | Life science products and services for research, drug discovery, and manufacturing | $7M | - | 65/100 |
5th | Sino Biological 2007, Beijing (China), Series A | Provider of reagents,and kits for clinical research | $29.4M | 63/100 | |
6th | Provider of molecular diagnostic kits for cancer, hereditary diseases, and reproductive disorders | $15.5M | 61/100 | ||
7th | seqWell 2014, Beverly (United States), Series C | Provider of NGS-based reagents and kits for life sciences research | $24.5M | 60/100 | |
8th | Huwel Life 2015, Hyderabad (India), Series A | Molecular diagnostic solutions and products for the healthcare industry | $5.74M | 59/100 | |
9th | Miltenyi Biotec 1989, Bergisch Gladbach (Germany), Funding Raised | Develops tools and products for research and clinical application | - | 58/100 | |
10th | Stem Cell Technologies 1993, Vancouver (Canada), Series A | Developer of cell culture media and ancillary reagents for life science research | $11.9M | 58/100 | |
122nd | Swift Biosciences 2010, Ann Arbor (United States), Acqui-Hired | Develops and sells reagents for genetic testing and Next Generation Sequencing (NGS). | $35.2M | 36/100 |
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Swift Biosciences's Investments and acquisitions
Swift Biosciences has made no investments or acquisitions yet.
Reports related to Swift Biosciences
Here is the latest report on Swift Biosciences's sector:
News related to Swift Biosciences
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Chromosome-focused biotech names CEO with funding chopsBizWest•Aug 16, 2021•KromaTiD, Swift Biosciences
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Swift Biosciences in Ann Arbor Acquired by Integrated DNA TechnologiesDbusiness•Mar 11, 2021•Integrated DNA Technologies, Swift Biosciences
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Swift Biosciences and SPT Labtech Announce Accelerated Research CollaborationPR Newswire•Mar 04, 2021•Swift Biosciences, SPT Labtech
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Swift Biosciences Partners with SPT Labtech to Automate Liquid Handling of DNA SamplesDbusiness•Mar 04, 2021•Swift Biosciences, SPT Labtech
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Swift Biosciences, BillionToOne Partner to Commercialize COVID-19 TestGenomeWeb•Sep 29, 2020•Swift Biosciences, BillionToOne
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Swift Biosciences, Arbor Biosciences Partner on Targeted NGS Workflow for SARS-CoV-2GenomeWeb•Jun 02, 2020•Swift Biosciences, Arbor Biosciences
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Swift Biosciences Enables COVID-19 Surveillance With NGS of Low Titer SARS-CoV-2 SpecimensCMOCRO•May 28, 2020•Swift Biosciences
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Ann Arbor’s Swift Biosciences Releases Assay to Expedite COVID-19 Testing, Surveillance, MitigationDbusiness•May 06, 2020•Swift Biosciences
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Swift Biosciences Launches High Throughput NGS Panel for Novel CoronavirusCMOCRO•May 05, 2020•Swift Biosciences
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